What Is In The Store For Crane Company ($CR) Q3 2024 Earnings?

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Investors and market participants can look forward to the unveiling of Crane Company (NYSE: CR) third quarter financial results on Monday 28th October 2024. This important update will be made available after market close.

the business is poised to announce an estimated $1.14 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $392.44 million for this period.

According to the Wall Street analysts projections, the company is expected to generate a total revenue of $2.33 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $5.11 per share during the same period.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.03. This notable figure was achieved due to the company's impressive total revenue of $530.1 million recorded during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.30 +18.2% 581.20 M +14.1%
Q1 2024 $1.22 -2.4% 565.30 M +10.0%
Q4 2023 $0.90 -57.7% 532.90 M -35.3%
Q3 2023 $1.03 -44.6% 530.10 M -35.0%
Q2 2023 $1.10 -42.1% 509.60 M -41.0%
*Growth on year-over-year basis

 

Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.

Thursday's trading saw Crane Company (CR) shares hit a low of $148.87 and a high of $152.12, with a day volume of 197.60 thousand shares. The stock closed the regular trading session at $150.52, showing 0.84 percent decline.