Crane NXT (CXT) reported $403.5 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 14.3%. EPS of $1.16 for the same period compares to $1.09 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $386.75 million, representing a surprise of +4.33%. The company delivered an EPS surprise of +2.65%, with the consensus EPS estimate being $1.13.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Crane NXT (CXT) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.65%. A quarter ago, it was expected that this maker of engineered industrial products would post earnings of $1.06 per share when it actually produced earnings of $1.06, delivering no surprise.Over the last four quarter ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Crane NXT (CXT) reports results for the quarter ended September 2024. 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 earnings report, which is expected to be released on November 6, 2024, might help the stock move higher if these key numbers are better than e ...

Crane NXT, Co. (NYSE:CXT) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Christina Cristiano - Chief Financial Officer Aaron Saak - President & Chief Executive Officer Conference Call Participants Matt Summerville - D.A. Davidson Bob Labick - CJS Securities Damian Karas - UBS Bobby Brooks - Northland Capital Markets Isaac Sellhausen - Oppenheimer Operator Good day, and thank you for standing by. Welcome to the Crane NXT Second Quarter 2024 Earnings Call. At this time, all p ...

Investors might want to bet on Crane NXT (CXT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power of ...

CRANET SECOND QUARTER 2024 FINANCIAL RESULTS August 8, 2024 FORWARD-LOOKING STATEMENTS – DISCLAIMER 2 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 simil ...

Company Overview - Crane NXT, Co. is a premier industrial technology company that provides trusted technology solutions for securing, detecting, and authenticating important assets for its customers [3] - The company operates through two main business segments: Security & Authentication Technologies and Crane Payment Innovations, offering advanced technologies for securing high-value physical products and protecting brand identity [3] Employee and Operational Insights - Crane NXT employs approximately 4,500 individuals who assist customers in protecting their most important assets and ensuring secure transactions globally [3] Upcoming Financial Events - The company is scheduled to release its second quarter 2024 results on August 7, 2024, after the market closes [2] - An earnings call will take place on August 8, 2024, at 10:00 AM (Eastern Time), hosted by the President & CEO Aaron W. Saak and Senior Vice President & CFO Christina Cristiano [1]

WALTHAM, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Michael Mahan as President of its Crane Payment Innovations (CPI) business, effective July 8, 2024. In this role, Mr. Mahan will be responsible for driving the CPI growth strategy, accelerating innovation, and leveraging the Crane Business System to drive continuous improvement and operational excellence to deliver solutions th ...

Shares of Crane NXT (CXT) have gained 2.8% over the past four weeks to close the last trading session at $63.22, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $87 indicates a potential upside of 37.6%. The mean estimate comprises five short-term price targets with a standard deviation of $18.11. While the lowest estimate of $65 indicates a 2.8% increase from the current price ...

Crane NXT (CXT) closed the last trading session at $61.52, gaining 0.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $87 indicates a 41.4% upside potential. The mean estimate comprises five short-term price targets with a standard deviation of $18.11. While the lowest estimate of $65 indicates a 5.7% increase from the current price level, the most optimistic analyst expects the ...