Crane NXT(US:CXT) ZACKS·2025-05-07 23:10Group 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]