Crane Company is a diversified manufacturer of industrial products and services, operating in various sectors including aerospace, fluid handling, and payment and merchandising technologies
The company designs and produces a wide range of engineered materials and solutions, catering to industries such as construction, aerospace, and energy. Crane Company is committed to innovation and sustainability, focusing on delivering high-quality products that meet the complex needs of its customers while adapting to changing market demands and technological advancements. Its global presence allows it to serve clients across different regions, enhancing its reputation as a reliable partner in industrial and commercial sectors.
GREENWICH, Conn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting its 35th annual Pump, Valve & Water Systems Symposium at the Harvard Club in New York City on Thursday, February 27, 2025. The symposium focuses on themes crucial to this industry, including infrastructure spending, resource security, conservation, and mergers and acquisitions (M&A). Attendees will have the opportunity to engage in one-on-one sessions with management, providing an opportunity to delve into the strategies and growth prospects of these companies.
Industrial conglomerate Crane (NYSECR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 2.1% year on year to $544.1 million. Its non-GAAP profit of $1.26 per share was 4.3% above analysts’ consensus estimates.
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.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including Columbus McKinnon (NASDAQCMCO) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including Crane (NYSECR) and its peers.
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”).
Crane trades at $152.20 and has moved in lockstep with the market. Its shares have returned 6.7% over the last six months while the S&P 500 has gained 6%.
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.
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.
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.
