Crane (NYSE:CR) reported its Q1 earnings results on Wednesday, May 10, 2023 at 05:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Crane beat estimated earnings by 47.06%, reporting an EPS of $1.25 versus an estimate of $0.85.
Revenue was down $287.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 4.85% increase in the share price the next day.
Here’s a look at Crane’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.90 | 1.84 | 1.76 | 1.68 |
| EPS Actual | 2.13 | 1.86 | 1.90 | 1.81 |
| Revenue Estimate | 822.57M | 817.74M | 808.78M | 800.82M |
| Revenue Actual | 824.10M | 815.10M | 864.30M | 801.10M |
To track all earnings releases for Crane visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
