Crane Holdings's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Crane Holdings (NYSE:CR) is expected to release its quarterly earnings report on January 29, 2024, with an estimated EPS of $0.82. Investors are looking for an earnings beat and positive guidance for future growth. Historically, CR's stock price has reacted positively to earnings beats, with a 13.57% increase after last quarter's results. Shares are currently trading at $113.63, up 137.29% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
January 26, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Crane Holdings is anticipated to report quarterly earnings with an EPS estimate of $0.82. A positive earnings surprise and guidance could lead to a stock price increase, as seen historically.
Given Crane Holdings' history of stock price increases following earnings beats and the current bullish sentiment indicated by the 137.29% rise over the last 52 weeks, a positive report could likely lead to a short-term increase in stock price. However, the market's reaction to earnings can be unpredictable and may also hinge on the forward-looking guidance provided by the company.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100