Crane Posts 24 Percent EPS Jump in Q2

Core Insights - Crane reported stronger-than-expected profit and revenue for Q2 2025, with adjusted EPS at $1.49, up 24% year-over-year, and revenue at $577.2 million, up 9.2% from last year [1][2] - The company is focused on long-term growth in its Aerospace & Electronics segment, pursuing strategic acquisitions and enhancing operational productivity [3][4] Financial Performance - Adjusted EPS of $1.49 exceeded analyst estimates of $1.33, reflecting stronger pricing and productivity improvements [5] - Revenue of $577.2 million surpassed expectations by $11.2 million, with adjusted operating profit at $109.3 million, a 14.7% increase year-over-year [2][5] - Adjusted free cash flow nearly doubled to $93.3 million compared to Q2 2024 [2][10] Segment Performance - Aerospace & Electronics segment sales increased by 11.8% to $258.2 million, with operating profit rising 28.8% to $67.9 million [6] - Process Flow Technologies segment saw a 7.2% sales increase to $319.0 million, with acquisitions contributing 3.2% to growth [8] Strategic Initiatives - The company is pursuing acquisitions to enhance its product offerings, including the recent agreement to purchase Precision Sensors & Instrumentation [9] - Innovation remains a key focus, with new contract wins in defense and commercial aerospace programs [7] Guidance and Outlook - Crane raised its full-year adjusted EPS forecast to $5.50 to $5.80, representing a projected increase of 16% at the midpoint compared to fiscal 2024 [12] - The company expects total sales growth of approximately 6.5% for the full year, driven by strength in core and acquired businesses [12][13]