Shares of Crane (CR) have been strong performers lately, with the stock up 9.7% over the past month. The stock hit a new 52-week high of $138.42 in the previous session. Crane has gained 16.8% since the start of the year compared to the 12.3% move for the Zacks Industrial Products sector and the 10.7% return for the Zacks Manufacturing - General Industrial industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus ...

Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Luxfer (LXFR) and Crane (CR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while ...

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Note 1 – Nature of Operations and Significant Accounting Policies On May 16, 2022, Crane Co., a Delaware corporation ("Crane Co."), completed its previously announced reorganization merger pursuant to the Agreement and Plan of Merger, dated as of February 28, 2022 (the "Reorganization Agreement"), by and among Crane Co., Crane Holdings, Co., a Delaware corporation ("Crane Holdings"), and Crane Transaction Company, LLC, a Delaware limited liability company and, as of immediately prior to the consummation of ...

Investors might want to bet on Crane (CR) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing ear ...

The U.S. manufacturing sector contracted for the 15th consecutive month in January, following 28 months of growth. The Institute of Supply Management (ISM) reported that the reading for U.S. manufacturing PMI (purchasing managers’ index) came in at 49.1 in January, compared with 47.1 the previous month. The consensus estimate was 47.6.Notably, any reading below 50 indicates a contraction in manufacturing activities. However, January’s PMI improved to a good extent. The New Orders Index moved into expansion ...

Adjusted operating profit margin (Non-GAAP) 20.6 % 16.1 % 11.8 % 13.5 % NON-GAAP FINANCIAL MEASURES Totals may not sum due to rounding Non-GAAP Financial Measures by Segment (unaudited, in millions) Adjusted Free Cash Flow (unaudited, in millions) | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------|-------|------------------------------------------|-------|--------|-------|------------------------------------------|-------|-- ...

Crane Company (NYSE:CR) Q4 2023 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Jason Feldman - Vice President, Treasury & Investor Relations Max Mitchell - President & Chief Executive Officer Richard Maue - Executive Vice President & Chief Financial Officer Conference Call Participants Damian Karas - UBS Scott Deuschle - Deutsche Bank Justin Ages - CJS Securities Mariana Perez Mora - Bank of America Matt Summerville - D.A. Davidson Nathan Jones - Stifel Jeffrey Sprague - Vertical ...

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the fourth quarter of 2023 and provided guidance for 2024. Max Mitchell, Crane's President and Chief Executive Officer, stated: “Crane delivered yet another impressive quarter, with continued evidence of differentiated execution and accelerating results from growth initiatives. Throughout the year, we had strong operational performance across all businesses with 2023 financial highlights including ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Crane (CR) . This company, which is in the Zacks Manufacturing - General Industrial industry, shows potential for another earnings beat.When looking at the last two reports, this maker of aerospace, electronics and engineered industrial products has recorded a strong streak of surpassing earnings estimates. The company has top ...