Crane Sees FY23 Total Sales Growth Of Approximately 6% (Prior 5%), Core Sales Growth Of 5%-7% (Prior 4%-6%)
Portfolio Pulse from Benzinga Newsdesk
Crane Co. has revised its FY23 total sales growth forecast to approximately 6%, up from the previous estimate of 5%. The company also expects core sales growth to be between 5% and 7%, an increase from the prior range of 4% to 6%.
July 25, 2023 | 8:35 pm
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Crane Co. has increased its FY23 total and core sales growth forecasts. This could indicate a positive outlook for the company's future performance.
Crane Co.'s upward revision of its FY23 sales growth forecasts suggests that the company expects stronger performance in the future. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100