Earnings Outlook For Crane Holdings
Portfolio Pulse from Benzinga Insights
Crane Holdings (NYSE:CR) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $0.93. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. The stock is currently trading at $91.87, up 131.32% over the last 52-week period.
July 24, 2023 | 5:02 pm
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Crane Holdings is expected to announce its Q2 earnings on 2023-07-25. Despite consistently beating EPS estimates, the company's share price has historically dropped following the announcement. The stock is currently trading at $91.87, up 131.32% over the last 52 weeks.
Crane Holdings has a history of beating EPS estimates but experiencing a drop in share price the following day. This pattern, if repeated, could lead to short-term volatility in the stock price. However, the stock has shown strong performance over the past year, which could indicate investor confidence in the company's long-term prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100