Recap: Crane Q1 Earnings

Crane CR reported its Q1 earnings results on Wednesday, May 10, 2023 at 05:01 PM.

Here's what investors need to know about the announcement.

Crane beat estimated earnings by 47.06%, reporting an EPS of $1.25 versus an estimate of $0.85.

Revenue was down $287.30 million from the same period last year.

Last quarter the company beat on EPS by $0.23 which was followed by a 4.85% increase in the share price the next day.

Here's a look at Crane's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.90	1.84	1.76	1.68
EPS Actual	2.13	1.86	1.90	1.81
Revenue Estimate	822.57M	817.74M	808.78M	800.82M
Revenue Actual	824.10M	815.10M	864.30M	801.10M

To track all earnings releases for Crane visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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