Crane Co. (NYSE:CR) is set to announce second quarter earning results on Monday 27th July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, CR to report 2Q20 income of $ 0.47 per share.
For the full year, analysts anticipate top line of $ 2858.44 million, while looking forward to income of $ 3.79 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,800.00 million ~ $ 3,000.00 million, where as bottomline are predicted in a range of $ 3.00 ~ $ 4.25 per share
Click Here For More Historical Outlooks Of Crane Co.
Previous Quarter Performance
Crane Co. outlined income for the first quarter of $ 1.15 per share, from the revenue of $ 797.90 million. The quarterly earnings down 20.69 percent while revenues decreased 4.06 percent compared with the same quarter last year.
According to street consensus, CR was expected to report 1Q20 income of $ 1.25 per share from revenue of $ 820.76 million. The bottom line results missed street analysts by $ 0.1 or 8 percent, at the same time, top line results fell short of analysts by $ 22.86 million or 2.79 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Crane Co.
Stock Performance
According to the previous trading day, closing price of CR was $ 60.58, representing a 64.75 % increase from the 52 week low of $ 36.77 and a 32.34 % decrease over the 52 week high of $ 89.54.
The company has a market capital of $ 3.51 billion and is part of the Industrials sector and Diversified Industrials industry.
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Recent Analyst recommendations
- On 16th June 2020, upgraded by Canaccord Genuity to Buy from Hold rating, with $ 66.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.43 per share on April 27, 2020. The dividend were payable on June 10, 2020 to holders of record as of the close of business on May 29, 2020 and ex-dividend date on May 28, 2020.
Crane Co. manufactures and sells engineered industrial products in the United States and internationally. The companys Fluid Handling segment provides on/off valves and related products for application in the chemical, oil and gas, power, and general industrial end markets; valves and related products for the non-residential construction, general industrial, and municipal markets; and pumps and related products for water and wastewater applications in the industrial, municipal, commercial, and military markets.
