Articles from Crane Company
Crane Company Reports Fourth Quarter 2024 Results, Initiates Full Year 2025 EPS Guidance, and Raises Annual Dividend by 12%
Crane Company ("Crane," NYSE: CR) today announced its financial results for the fourth quarter of 2024 and initiated its adjusted full-year 2025 EPS outlook. Following the completion of the Engineered Materials divestiture effective on January 1, 2025, results for the fourth quarter of 2024 and all prior periods have been recast with the Engineered Materials segment presented as discontinued operations.
By Crane Company · Via Business Wire · January 27, 2025
Crane Company Announces Date for Fourth Quarter 2024 Earnings Release and Teleconference
Crane Company (NYSECR) announces the following schedule and teleconference information for its fourth quarter 2024 earnings release:
By Crane Company · Via Business Wire · January 7, 2025
Crane Company Announces Close of Engineered Materials Divestiture
Crane Company (NYSECR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced that it has closed on the previously announced divestiture of its Engineered Materials business to KPS Capital Partners, LP (“KPS”).
By Crane Company · Via Business Wire · January 2, 2025
Crane Company Announces Promotion of Alejandro (Alex) Alcala to Chief Operating Officer
Crane Company (NYSECR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, has promoted Alejandro (Alex) Alcala to Chief Operating Officer (COO), effective immediately. In this role, Alex will provide both strategic and operational oversight of all Crane business segments, as well as the Crane Business System organization.
By Crane Company · Via Business Wire · December 9, 2024
Crane Company Announces Agreement To Sell Engineered Materials Segment To KPS Capital Partners, LP
Crane Company (NYSECR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has entered into a definitive agreement to sell its Engineered Materials business to KPS Capital Partners, LP (“KPS”) for $227 million.
By Crane Company · Via Business Wire · December 2, 2024
Crane Company Announces Acquisition of Technifab Products, Inc.
Crane Company (NYSECR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that on Friday, November 1, 2024, it completed the acquisition of Technifab Products, Inc. (“Technifab”), a leading provider of vacuum insulated pipe systems and valves for cryogenic applications for $40.5 million on a cash-free and debt- free basis.
By Crane Company · Via Business Wire · November 4, 2024
Crane Company Reports Third Quarter 2024 Results and Raises Full Year EPS Guidance
Crane Company ("Crane," NYSE: CR) today announced its financial results for the third quarter of 2024 and raised and narrowed its adjusted full-year EPS outlook.
By Crane Company · Via Business Wire · October 28, 2024
Crane Company Announces Date for Third Quarter 2024 Earnings Release and Teleconference
Crane Company (NYSECR) announces the following schedule and teleconference information for its third quarter 2024 earnings release:
By Crane Company · Via Business Wire · October 1, 2024
Crane Company Reports Second Quarter 2024 Results and Raises Full Year EPS Guidance
Crane Company ("Crane," NYSE: CR) today announced its financial results for the second quarter of 2024 and updated its full-year outlook.
By Crane Company · Via Business Wire · July 29, 2024
Crane Company Declares Third Quarter Dividend
Crane Company (NYSECR) today announced its regular quarterly dividend of $0.205 per share for the third quarter of 2024. The dividend is payable on September 11, 2024 to shareholders of record as of August 30, 2024.
By Crane Company · Via Business Wire · July 22, 2024
Crane Company Announces Date for Second Quarter 2024 Earnings Release and Teleconference
Crane Company (NYSECR) announces the following schedule and teleconference information for its second quarter 2024 earnings release:
By Crane Company · Via Business Wire · July 9, 2024
Crane Company Announces Resignation of John Stroup From its Board of Directors
Crane Company (NYSECR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced the resignation of John S. Stroup as a Director of the Company.
By Crane Company · Via Business Wire · June 6, 2024
Crane Company Reports First Quarter 2024 Results and Raises Full Year EPS Guidance
Crane Company ("Crane," NYSE: CR) today announced its financial results for the first quarter of 2024 and updated its full-year outlook.
By Crane Company · Via Business Wire · April 22, 2024
Crane Company Announces Date for First Quarter 2024 Earnings Release and Teleconference
Crane Company (NYSECR) announces the following schedule and teleconference information for its first quarter 2024 earnings release:
By Crane Company · Via Business Wire · April 5, 2024
Crane Company Announces Annual Analyst Conference
Crane Company (NYSECR) will hold its annual investor conference on Tuesday, May 14, 2024, from 8:30 AM to 12:00 PM in New York City. Speakers will include Max H. Mitchell and other key Crane Company executives. Presentations will be available via live webcast. A web replay will be available on our website shortly after completion of the event.
By Crane Company · Via Business Wire · April 3, 2024
Crane Company Reports Fourth Quarter 2023 Results, Provides 2024 Guidance, and Raises Annual Dividend by 14%
Crane Company ("Crane," NYSE: CR) today announced its financial results for the fourth quarter of 2023 and provided guidance for 2024.
By Crane Company · Via Business Wire · January 29, 2024
Crane Company Announces Acquisition of Vian Enterprises, Inc.
Crane Company (“Crane,” NYSE: CR) today announced that it has acquired Vian Enterprises, Inc. (“Vian”) for approximately $103 million on a cash free and debt free basis.
By Crane Company · Via Business Wire · January 3, 2024
Crane Company Reports Third Quarter 2023 Results and Raises Full Year EPS Guidance
Crane Company ("Crane," NYSE: CR) today announced its financial results for the third quarter of 2023 and updated its full-year outlook.
By Crane Company · Via Business Wire · October 23, 2023
Crane Company Announces Date for Third Quarter 2023 Earnings Release and Teleconference
Crane Company (NYSECR) announces the following schedule and teleconference information for its third quarter 2023 earnings release:
By Crane Company · Via Business Wire · October 4, 2023
Crane Company Reports Second Quarter 2023 Results and Raises Full Year EPS Guidance
Crane Company ("Crane," NYSE: CR) today announced its financial results for the second quarter of 2023 and updated its full-year outlook.
By Crane Company · Via Business Wire · July 25, 2023
Crane Company Announces Date for Second Quarter 2023 Earnings Release and Teleconference
Crane Company (NYSECR) announces the following schedule and teleconference information for its second quarter 2023 earnings release:
By Crane Company · Via Business Wire · July 11, 2023
Crane Company Reports First Quarter 2023 Results and Updates Full Year Guidance
Crane Company ("Crane," NYSE: CR) today announced its financial results for the first quarter of 2023 and updated its full-year outlook. Crane operated as part of Crane Holdings, Co. for the entire first quarter of 2023 prior to the separation transaction on April 3, and the historical financial measures presented in this release were derived from Crane Holdings, Co.'s accounting records and are presented on a carve-out basis. Crane Holdings, Co.'s (now renamed Crane NXT, Co.) consolidated results are included as an appendix to this release, and will be reflected as the historical results of Crane in future filings, with the Payment & Merchandising Technologies segment presented as discontinued operations.
By Crane Company · Via Business Wire · May 10, 2023
Crane Company Announces Date for First Quarter 2023 Earnings Release and Teleconference
Crane Company (NYSECR) announces the following schedule and teleconference information for its first quarter 2023 earnings release:
By Crane Company · Via Business Wire · April 20, 2023
Crane Company Completes Separation from Crane Holdings, Co.
Crane Company (“Crane,” NYSE: CR), a manufacturer of highly engineered industrial products, today announced the completion of its separation from Crane Holdings, Co., and its launch as an independent, publicly traded company. Crane will begin trading on the New York Stock Exchange on April 4, 2023 under the ticker “CR.”
By Crane Company · Via Business Wire · April 3, 2023