Crane sees Q4 EPS $1.10-$1.25, consensus $1.25

The company states: “Engineered Materials will be presented as discontinued operations beginning with results for the fourth quarter of 2024, and retrospectively for prior periods. Our last full-year 2024 adjusted earnings per diluted share (EPS) guidance published on October 28, 2024 was a range of $5.05 to $5.20. We are now updating that guidance solely to reflect Engineered Materials’ presentation as discontinued operations, and our revised adjusted EPS from continuing operations guidance is $4.71 to $4.86. For the fourth quarter of 2024, we expect adjusted EPS from continuing operations of $1.10 to $1.25.”