Crane Raises 2026 Adjusted EPS Guidance to $7.23-$7.38
Bitget2026/10/27 21:15- Crane raised fiscal 2026 adjusted earnings guidance to $7.23-$7.38 per share from $6.85-$7.05.
- Revenue is forecast at $2.89 billion-$2.92 billion, up from $2.87 billion-$2.9 billion.
- Adjusted segment operating margin is projected at approximately 24%, versus prior guidance above 23%.
- Core sales growth is expected near 6%; acquisitions are trending toward the upper end of their 18%-20% revenue contribution range.
- Third-quarter adjusted earnings rose 22.8% to $2.05 per share; core sales increased 7.7%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-Drax wins contract for over 1 gigawatt data center project
OPay backed by SoftBank suddenly halts US IPO, regulatory inquiries become the biggest uncertainty
Nigerian digital financial platform OPay announced the suspension of its IPO after revealing pricing, citing a regulatory inquiry. The company stated that the listing may be restarted in the coming months.
Morgan Stanley: AI capital expenditure may reach 10 to 15 trillions USD in the next 10 years
Morgan Stanley stated that capital expenditure in the artificial intelligence (AI) sector could reach $10-15 trillions over the next decade.
Crypto prices
More
