Crane NXT Narrows FY24 Adjusted EPS Guidance To $4.20-$4.35 From $4.10-$4.35 vs $4.28 Est.
Portfolio Pulse from Benzinga Newsdesk
Crane NXT has narrowed its FY24 adjusted EPS guidance to a range of $4.20-$4.35 from the previous range of $4.10-$4.35, compared to the $4.28 estimate.
August 07, 2024 | 8:42 pm
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Crane NXT has updated its FY24 adjusted EPS guidance to a range of $4.20-$4.35, which is a slight improvement from the lower end of the previous range and aligns closely with the $4.28 estimate.
The narrowing of the EPS guidance range to $4.20-$4.35 from $4.10-$4.35 indicates a slight improvement in the company's expected performance. This aligns closely with the $4.28 estimate, which could be seen positively by investors, potentially leading to a short-term increase in the stock price.
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