Crane reports Q3 adjusted EPS $1.03, consensus 87c

Reports Q3 revenue $530M, consensus $509.19M. Max Mitchell, Crane’s President and Chief Executive Officer, stated: “Crane delivered yet another strong quarter, consistently demonstrating our differentiated execution and accelerating results from growth initiatives. Core year-over-year sales growth of 9% drove a 42% increase in adjusted operating profit from continuing operations, with strong operational performance across all businesses.”