Crane reports Q1 adjusted EPS $1.22, consensus $1.12

Reports Q1 revenue $565M, consensus $546.38M. Max Mitchell, Crane’s Chairman, President and Chief Executive Officer, stated: “Crane is off to a great start in 2024, with strong results reflecting continued differentiated execution and accelerating results from growth initiatives. Core year-over-year sales growth of 5% was accompanied by continued strong orders and backlog growth, increasing our confidence in our outlook for the full year.”