Financial Performance - Sales grew by approximately 10% in Q3 2025, reaching $445 million, driven by acquisitions and strong performance in International Currency[6, 14] - Adjusted EPS for Q3 2025 was $1.28, aligning with expectations[6, 15] - Adjusted Segment Operating Profit Margin increased by approximately 50 bps year-over-year, reflecting higher volume and improved mix[15] - The company is updating its full-year Adjusted EPS guidance to a range of $4.00 to $4.10[6, 24] - Free Cash Flow conversion was approximately 115% in Q3 2025, with an expected range of approximately 90%-110% for the full year[6, 15] Business Segment Highlights - Security and Authentication Technologies (SAT) sales increased by 28.1% in Q3 2025, reaching $229 million, with core sales growth of approximately 9%[18, 19] - Crane Payment Innovations (CPI) sales decreased by 3.8% in Q3 2025, amounting to $216 million, but maintained a strong margin of approximately 31%[16, 17] Strategic Initiatives - The company signed an agreement to acquire Antares Vision, a global leader with approximately €200 million in 2024 revenue and approximately 15% Adjusted EBITDA Margin, expanding its technology solutions to life sciences and food & beverage markets[6, 8] - US Currency business is expected to grow at approximately HSD in 2026, with new $10 bill production expected to start in mid-2026[6, 28]

Core Insights - Crane NXT reported revenue of $445.1 million for the quarter ended September 2025, marking a year-over-year increase of 10.3% and exceeding the Zacks Consensus Estimate by 3.78% [1] - The earnings per share (EPS) for the same period was $1.28, up from $1.16 a year ago, with an EPS surprise of 2.4% compared to the consensus estimate of $1.25 [1] Financial Performance - Net Sales in Security and Authentication Technologies reached $228.8 million, surpassing the estimated $206.25 million, reflecting a year-over-year increase of 28.1% [4] - Net Sales for Crane Payment Innovations were reported at $216.3 million, slightly below the average estimate of $222.65 million, indicating a year-over-year decline of 3.8% [4] - Operating profit for Security and Authentication Technologies was $39.3 million, close to the average estimate of $39.59 million [4] - Operating profit for Crane Payment Innovations was $60.7 million, compared to the average estimate of $63.01 million [4] Stock Performance - Crane NXT shares have returned -6.3% over the past month, contrasting with the Zacks S&P 500 composite's increase of 1% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Core Insights - Crane NXT reported quarterly earnings of $1.28 per share, exceeding the Zacks Consensus Estimate of $1.25 per share, and showing an increase from $1.16 per share a year ago, resulting in an earnings surprise of +2.40% [1] - The company achieved revenues of $445.1 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.78% and up from $403.5 million year-over-year [2] - Crane NXT has outperformed consensus EPS estimates three times in the last four quarters and has also topped revenue estimates three times during the same period [2] Future Outlook - The sustainability of Crane NXT's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.32 on revenues of $441.68 million, while the estimate for the current fiscal year is $4.07 on revenues of $1.61 billion [7] - The Zacks Rank for Crane NXT is currently 3 (Hold), indicating that the stock is expected to perform in line with the market in the near future [6] Industry Context - The Technology Services industry, to which Crane NXT belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, VerifyMe, Inc. (VRME), is expected to report a quarterly loss of $0.04 per share, reflecting a year-over-year change of +33.3%, with revenues projected at $4.89 million, down 9.9% from the previous year [9]

Core Insights - Crane NXT reported a sales growth of 10.3% year-over-year for Q3 2025, with net sales reaching $445.1 million compared to $403.5 million in Q3 2024 [5][3] - The company has narrowed its full-year Adjusted EPS guidance to a range of $4.00 to $4.10, down from $4.00 to $4.30, while increasing its sales growth guidance to 9% to 11% from 6% to 8% [3][4] - The CEO highlighted the acquisition of Antares Vision as a strategic move to enhance growth in detection, inspection, and authentication technologies [3][4] Financial Performance - Q3 2025 net sales were $445.1 million, an increase of $41.6 million, or 10.3%, compared to Q3 2024, driven by $28.3 million from acquisitions and $7.6 million from favorable foreign exchange [5][11] - Operating profit for Q3 2025 was $81.9 million, with an operating profit margin of 18.4%, a slight decrease from 18.6% in the previous year [7][9] - Adjusted operating profit was $110.0 million, reflecting a 14% increase from $96.5 million in Q3 2024, with an adjusted operating profit margin of 24.7% [5][7] Segment Performance - Crane Payment Innovations reported net sales of $216.3 million, a decrease of 3.8% year-over-year, primarily due to lower volumes [9][10] - Security and Authentication Technologies saw net sales of $228.8 million, an increase of 28.1%, driven by higher volumes and contributions from the acquired De La Rue business [10][11] Cash Flow and Financial Metrics - Cash provided by operating activities for Q3 2025 was $92.0 million, up from $66.7 million in the prior year, with adjusted free cash flow of $85.3 million compared to $59.0 million [12][13] - As of September 30, 2025, the company held cash and cash equivalents of $182.4 million, with total debt increasing to $1,081.9 million due to the acquisition financing [13][12] Full Year Guidance - The updated full-year sales growth guidance is now set at 9% to 11%, with specific segment growth rates adjusted for Crane Payment Innovations and Security and Authentication Technologies [16][15] - Adjusted EPS guidance has been narrowed to $4.00 to $4.10, reflecting ongoing macroeconomic uncertainties impacting demand [3][16]

Core Insights - SouthernSun Asset Management's "SouthernSun Small Cap Strategy" reported a gross return of 11.73% for Q3 2025, underperforming the Russell 2000 Index and Russell 2000 Value Index which returned 12.39% and 12.60% respectively [1] - Over the trailing twelve months, the strategy returned -0.66% gross, significantly lower than the 10.76% and 7.88% returns of the respective indexes [1] Company Highlights - Crane NXT, Co. (NYSE:CXT) was highlighted in the investor letter, with a one-month return of -8.39% and a 52-week gain of 10.72% [2] - As of November 4, 2025, Crane NXT, Co. had a market capitalization of $3.625 billion, with shares closing at $63.13 [2] - SouthernSun initiated a new position in Crane NXT during Q3 2025, having prior knowledge of the business from its parent company, Crane Corporation [3] Hedge Fund Interest - Crane NXT, Co. was held by 24 hedge fund portfolios at the end of Q2 2025, an increase from 21 in the previous quarter [4] - Despite the interest, the potential of Crane NXT is viewed as less favorable compared to certain AI stocks, which are believed to offer greater upside potential and lower downside risk [4]

Core Points - Crane NXT, Co. is set to announce its third quarter 2025 results on November 5, 2025, after market close [1] - The earnings call will take place on November 6, 2025, at 10:00 a.m. Eastern Time [3] Company Overview - Crane NXT is a leading industrial technology company that offers technology solutions for securing, detecting, and authenticating valuable assets [2] - The company employs approximately 5,000 individuals dedicated to helping customers protect their assets and ensure secure transactions globally [2]

Core Insights - Crane NXT has appointed Kim DiMaurizio as Senior Vice President and Chief People Officer, effective October 1, 2025, to lead the global human resources strategy [1][2] - The appointment is expected to enhance the company's growth and HR transformation efforts, with a focus on talent management and organizational development [1][2] Company Overview - Crane NXT is a premier industrial technology company that provides technology solutions for securing, detecting, and authenticating valuable assets [3] - The company employs approximately 5,000 individuals dedicated to protecting customer assets and ensuring secure transactions globally [3] Leadership Background - Kim DiMaurizio has extensive experience in HR leadership, previously serving as Vice President of Global HR Business Partnering at Jazz Pharmaceuticals and holding various roles at Campbell Soup Company [2] - She holds a Master's in Business Administration and a Bachelor's in Business Management from the University at Buffalo [2]

Company Overview - Crane NXT (CXT) shares increased by 14.7% in the last trading session, closing at $64.77, supported by strong trading volume compared to normal sessions [1] - The stock has experienced a 9.6% decline over the past four weeks, indicating a recent rebound [1] Earnings Expectations - Crane NXT is expected to report quarterly earnings of $1.25 per share, reflecting a year-over-year increase of 7.8% [2] - Revenue projections stand at $428.9 million, which is a 6.3% increase from the same quarter last year [2] Analyst Sentiment - The consensus EPS estimate for Crane NXT has remained unchanged over the last 30 days, suggesting stability in earnings expectations [3] - A lack of trend in earnings estimate revisions typically correlates with stock price movements, indicating the need for monitoring future performance [3] Industry Context - Crane NXT is categorized under the Zacks Technology Services industry, which includes other companies like JBT Marel (JBTM) [4] - JBTM's stock closed 0.5% higher at $137.91, but has seen a return of -6.2% over the past month, reflecting broader industry challenges [4] Additional Insights - JBT's consensus EPS estimate for its upcoming report is $1.47, which represents a decrease of 2% compared to the previous year [5] - Both Crane NXT and JBT currently hold a Zacks Rank of 3 (Hold), indicating a neutral outlook from analysts [4][5]

Core Viewpoint - Crane NXT experienced a significant stock increase of 15% due to an optimistic forecast for its U.S. currency printing business, contrasting with a 0.6% decline in the S&P 500 index [1]. Group 1: Business Growth - Crane NXT anticipates a considerable ramp-up in its U.S. currency printing activity next year, projecting high-single-digit growth rates by 2026 compared to this year [2][7]. - The forecast is based on a print order from the Federal Reserve, which estimates a total of 3.8 billion to 5.1 billion banknotes, with a dollar value ranging from just under $109 billion to nearly $140 billion [3]. Group 2: Management Insights - CEO Aaron Saak expressed confidence in the growth of the U.S. currency business and strong international market performance, indicating that Crane Currency is on track for a successful 2026 [4]. - Further updates regarding the 2026 guidance will be provided during the upcoming conference call for third-quarter results, although specific metrics such as revenue or profitability were not detailed [4][5].

Core Viewpoint - Crane NXT anticipates significant growth in its U.S. Currency business, projecting high-single-digit growth in 2026 based on the Federal Reserve's print order [1][3]. Group 1: U.S. Currency Business Outlook - The 2026 print order estimates banknote demand between 3.8 billion and 5.1 billion, with a notable increase of approximately 90% in higher denomination banknotes compared to 2025 [2]. - The increase in higher denomination banknotes is partially offset by a decrease in expected volumes for lower denomination banknotes [2]. Group 2: Company Strategy and Performance - Crane NXT's CEO expressed confidence in the expected growth for 2026, highlighting the demand for higher denomination banknotes with advanced security features [3]. - The company is committed to supporting the U.S. Currency Program's strategic priorities, including the redesign of the $10 banknote scheduled for release next year [3]. - The acquisition of Antares Vision is part of Crane NXT's strategy to enhance its position as a leading provider of trusted technology solutions [3]. Group 3: Company Overview - Crane NXT is recognized as a premier industrial technology company that offers solutions to secure, detect, and authenticate valuable assets [4]. - The company employs approximately 5,000 individuals dedicated to ensuring secure transactions and protecting customer assets globally [4].