Crane Co. Reports Second Quarter Results

July 25, 2017

Second Quarter 2017 Highlights: 

  • Continued strong execution with operating margins reaching a record high of 15.5%. Excluding Special Items, operating margins were 15.9%. 
  • Deployed $58 million of cash to close two acquisitions during the quarter. 
  • GAAP earnings per diluted share (EPS) of $1.14. Excluding Special Items, EPS was $1.17. 
  • Full year GAAP EPS guidance of $4.31-$4.51 and reaffirming EPS guidance, excluding Special Items, of $4.35-$4.55. 

Read Full Report. 

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