Core Insights - Crane NXT, Co. is participating in a fireside chat at the Oppenheimer 28th Annual Technology, Internet & Communications Conference on August 11, 2025 [1] - The event will be held virtually, with a live webcast available on the company's investor relations website, and a replay will be accessible for one year [2] Company Overview - Crane NXT is a premier industrial technology company that offers trusted technology solutions for securing, detecting, and authenticating important assets [3] - The company operates through two main business segments: Security & Authentication Technologies and Crane Payment Innovations, providing advanced technologies for securing high-value physical products and protecting brand identity [3] - Crane NXT employs approximately 5,000 individuals dedicated to ensuring secure transactions and protecting customer assets globally [3]

Wall Street expects a year-over-year decline in earnings on higher revenues when Crane NXT (CXT) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 6. On the ...

Company Overview - Crane NXT, Co. is a premier industrial technology company that offers trusted technology solutions for securing, detecting, and authenticating important assets for its customers [2] - The company operates through two main business segments: Security & Authentication Technologies and Crane Payment Innovations, providing advanced technologies for securing high-value physical products and sophisticated detection systems [2] - Crane NXT employs approximately 5,000 individuals dedicated to helping customers protect their assets and ensure secure transactions globally [2] Earnings Announcement - Crane NXT has scheduled its second quarter 2025 earnings release for August 6, 2025, after the market closes [3] - The earnings call will take place on August 7, 2025, at 10:00 a.m. Eastern Time, with access available through the Investors section of the company's website [3]

Group 1 - Crane NXT (NYSE: CXT) is the sole supplier of US paper currency to the US government, which positions the company uniquely in the market [1] - The company also provides services related to cash flow and investment opportunities in the oil and natural gas sector, indicating a diversified business model [1] - The focus on cash flow generation highlights the company's commitment to value and growth prospects, appealing to investors looking for real potential [1] Group 2 - Subscribers to the investment service receive access to a 50+ stock model account, which enhances their investment strategies [2] - The service includes in-depth cash flow analyses of exploration and production (E&P) firms, providing valuable insights for investors [2] - Live chat discussions about the sector foster a community environment for subscribers, promoting engagement and knowledge sharing [2]

Crane NXT (CXT) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Matt Roache - VP, Investor RelationsAaron Saak - CEO & President of Crane NXTChristina Cristiano - Senior VP & CFOBob Labick - PresidentDamian Karas - Executive Director Conference Call Participants Matthew Summerville - Equity AnalystMichael Halloran - Senior Research Analyst - Associate Director of ResearchBobby Brooks - Vice President, Senior Equity Research Analyst Operator Good day, and thank you for standing by. Welcom ...

Financial Data and Key Metrics Changes - The company reported a sales growth of 5% year-over-year and an adjusted EPS of $0.54 for Q1 2025 [6][12] - Core sales declined by 4%, primarily due to lower volumes in the US currency business [6][12] - Adjusted segment operating profit margin was approximately 19%, impacted by lower volumes and unfavorable mix in US currency [12][14] Business Line Data and Key Metrics Changes - CPI's core sales declined by approximately 2%, driven by lower volumes in gaming and vending markets, while financial services and retail showed growth [14][15] - Security and authentication technologies saw a 22% increase in sales, including OPSEC, but core sales were down approximately 8% due to lower US currency volumes [15][16] - Crane Currency achieved a record high backlog with a book-to-bill ratio of 2.4, indicating strong demand for its anti-counterfeiting technology [6][11] Market Data and Key Metrics Changes - CPI ended the quarter with a backlog of $147 million and a book-to-bill ratio of approximately one [15] - The international currency business had a record high backlog of approximately $370 million, indicating strong performance and future sales confidence [16][73] - The company expects the impact of tariffs to be approximately $25 million on operating profit, with a significant portion related to CPI components sourced from China [18][19] Company Strategy and Development Direction - The company is focused on diversifying its portfolio through disciplined M&A, with the recent acquisition of De La Rue authentication solutions enhancing its security and authentication capabilities [7][10] - The new Crane authentication business aims to provide a unified set of products and services, leveraging synergies from the OPSEC and De La Rue integration [8][10] - The company is maintaining a robust M&A funnel and expects to execute additional transactions to expand its market-leading positions [12][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year adjusted EPS guidance despite economic uncertainties and tariff impacts [22][23] - The company is proactively addressing tariff impacts through pricing actions and supply chain strategies, expecting to mitigate the direct effects on 2025 results [19][20] - Management highlighted the resilience of the authentication business, particularly due to government contracts and recurring services [47][48] Other Important Information - The company reaffirmed its full-year adjusted EPS guidance range of $4 to $4.3 [22] - The integration of OPSEC and De La Rue is on track, with expectations for accelerated synergies in the second half of the year [91][92] - The company anticipates sales growth in the SAT segment to be between 19% to 21%, reflecting strong demand and the addition of De La Rue [20][21] Q&A Session Summary Question: Can you provide more granularity on CPI's growth rates across major end markets? - Management confirmed the expected impact of tariffs primarily affects the vending market, with a projected low single-digit decline for the full year [29][34] Question: How did the US currency perform relative to expectations in Q1? - Management indicated that the US currency performed as expected, with international currency showing better-than-expected growth [36][38] Question: What are the key priorities for integrating the De La Rue business? - Management emphasized focusing on customer acquisition and operational synergies to enhance the authentication segment [57][58] Question: What is the outlook for the authentication business in the next 18 months? - Management expects mid single-digit growth in the authentication market, with potential for steady expansion as brands adopt more services [86][88] Question: What is the status of OPSEC's synergies? - Management confirmed that OPSEC is performing as expected, with synergies expected to accelerate following the De La Rue acquisition [90][92]

FIRST QUARTER 2025 FINANCIAL RESULTS May 8, 2025 FORWARD-LOOKING STATEMENTS – DISCLAIMER This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company's intent, belief, or expectations. Words such as "anticipate(s)," "expect(s)," "intend(s)," "believe(s)," "plan(s)," "may," "will," "would," "could," "should," "seek(s)," and similar expression ...

Core Insights - Crane NXT (CXT) reported revenue of $330.3 million for the quarter ended March 2025, marking a year-over-year increase of 5.3% and a surprise of +4.40% over the Zacks Consensus Estimate of $316.38 million [1] - The earnings per share (EPS) for the same period was $0.54, down from $0.85 a year ago, with an EPS surprise of +5.88% compared to the consensus estimate of $0.51 [1] Financial Performance Metrics - Net Sales in Security and Authentication Technologies reached $127.40 million, exceeding the average estimate of $119.10 million by two analysts, representing a year-over-year increase of +21.8% [4] - Net Sales for Crane Payment Innovations were reported at $202.90 million, slightly below the average estimate of $197.53 million, reflecting a year-over-year decline of -2.9% [4] - Operating profit for Security and Authentication Technologies was $2.40 million, significantly lower than the average estimate of $14.33 million [4] - Operating profit for Crane Payment Innovations was $49.70 million, surpassing the average estimate of $46.37 million [4] Stock Performance - Shares of Crane NXT have returned +12.2% over the past month, outperforming the Zacks S&P 500 composite's +10.6% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Group 1: Earnings Performance - Crane NXT reported quarterly earnings of $0.54 per share, exceeding the Zacks Consensus Estimate of $0.51 per share, but down from $0.85 per share a year ago, representing an earnings surprise of 5.88% [1] - The company posted revenues of $330.3 million for the quarter, surpassing the Zacks Consensus Estimate by 4.40%, compared to $313.6 million in the same quarter last year [2] - Over the last four quarters, Crane NXT has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Crane NXT shares have declined approximately 18.2% since the beginning of the year, while the S&P 500 has decreased by 4.7% [3] - The current consensus EPS estimate for the upcoming quarter is $1.07 on revenues of $379.04 million, and for the current fiscal year, it is $4.11 on revenues of $1.51 billion [7] - The estimate revisions trend for Crane NXT is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Group 3: Industry Context - The Technology Services industry, to which Crane NXT belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Insights - Crane NXT completed the acquisition of De La Rue Authentication, enhancing its position in the global authentication market [1][3] - The company increased its full-year sales growth guidance to a range of 6% to 8% for 2025 while maintaining its EPS guidance of $4.00 to $4.30 [1][4] Financial Performance - For Q1 2025, net sales reached $330.3 million, a 5.3% increase from $313.6 million in Q1 2024, driven by a $33.4 million contribution from the acquired OpSec Security business [5][11] - Core sales declined by 4.1%, primarily in the Currency business, reflecting planned upgrades to U.S. Currency equipment [5][6] - Operating profit for Q1 2025 was $37.3 million, down 32.7% from $55.4 million in Q1 2024, with an operating profit margin of 11.3% compared to 17.7% the previous year [7][27] Segment Results - Crane Payment Innovations reported net sales of $202.9 million, a decrease of 2.9% year-over-year, while Security and Authentication Technologies saw net sales of $127.4 million, an increase of 21.8% [9][10] - The operating profit margin for Crane Payment Innovations was 24.5%, down from 25.2% in the prior year, while Security and Authentication Technologies experienced a significant drop in operating profit margin to 1.9% from 19.4% [9][10] Cash Flow and Financial Metrics - Cash used for operating activities in Q1 2025 was $19.1 million, compared to cash provided of $9.5 million in the prior year, leading to an adjusted free cash flow of $(30.5) million [12][43] - As of March 31, 2025, the company held cash and cash equivalents of $173.8 million and total debt of $804.6 million [13][30] Guidance and Future Outlook - The updated full-year guidance reflects the acquisition of De La Rue Authentication and the impact of tariffs, with specific sales growth expectations for different segments [14][16] - The company announced a quarterly dividend of $0.17 per share for Q2 2025, payable on June 11, 2025 [17]