Crane Holdings Q3 2024 Adj EPS $1.38 Beats $1.14 Estimate, Sales $597.20M Beat $392.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
Crane Holdings reported Q3 2024 earnings per share of $1.38, surpassing the analyst estimate of $1.14 by 21.05%. The company's sales reached $597.20 million, exceeding the expected $392.44 million by 52.18% and marking a 12.66% increase from the previous year.
October 28, 2024 | 8:21 pm
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POSITIVE IMPACT
Crane Holdings reported strong Q3 2024 results, with EPS and sales significantly beating analyst estimates. This performance indicates robust business growth and could positively impact the stock price.
Crane Holdings' Q3 2024 earnings per share of $1.38 exceeded the analyst consensus by 21.05%, and sales of $597.20 million surpassed expectations by 52.18%. This strong financial performance suggests a positive outlook for the company, likely leading to an increase in stock price as investors react to the better-than-expected results.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100