Crane Company ( (CR) ) has released its Q4 earnings. Here is a breakdown of the information Crane Company presented to its investors.
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Crane Company is a leading manufacturer of highly engineered components, specializing in aerospace, defense, space, and process industry end markets, with two strategic growth platforms: Aerospace & Electronics and Process Flow Technologies. In its recently released fourth-quarter 2024 earnings report, Crane Company announced a significant increase in earnings per share and sales, alongside the initiation of its 2025 earnings guidance and a 12% dividend increase. The company’s financial highlights include a 58% increase in adjusted earnings per diluted share and a 12% rise in sales to $544 million, driven by strong performance in its core segments and strategic acquisitions. With a core order growth of 8% and a robust backlog, Crane Company is well-positioned for continued strength, particularly in Aerospace & Electronics, where it has seen substantial growth. Looking ahead to 2025, Crane Company anticipates adjusted EPS growth of 12% and remains confident in its strategic trajectory. The company’s management expresses optimism about maintaining momentum in its key sectors and leveraging its solid financial position to invest in growth initiatives and strategic acquisitions.
