Quarterly ResultJul 28, 2026, 04:32 PM
Crane Co Q2 EPS $1.63, Sales $724.7M; Raises FY Guidance
AI Summary
Crane Co reported strong second-quarter 2026 financial results, with EPS from continuing operations increasing 19% to $1.63 and adjusted EPS rising 18% to a record $1.79. Total sales grew 25.6% to $724.7 million, driven by acquisitions and 5.2% core growth. The company raised its full-year adjusted EPS guidance to $6.85-$7.05, citing strong performance across its segments and better-than-expected contributions from recent acquisitions.
Key Highlights
- Q2 2026 EPS from continuing operations was $1.63, up 19% year-over-year.
- Q2 2026 adjusted EPS from continuing operations was a record $1.79, up 18% year-over-year.
- Total sales for Q2 2026 reached $724.7 million, an increase of 25.6% year-over-year.
- Full-year adjusted EPS guidance was raised to a range of $6.85-$7.05 from $6.65-$6.85.
- Aerospace & Advanced Technologies sales grew 31.3% to $339.1 million, with 13.3% core growth.
- Process Flow Technologies sales increased 20.9% to $385.6 million, despite a 1.4% core sales decline.
- Operating margin for Q2 2026 was 19.9%, up 210 basis points compared to the prior year.
- A regular quarterly dividend of $0.255 per share was declared for the third quarter of 2026.
Price Impact
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