Crane Co.

NYSE:CR   3:59:59 PM EDT
90.79
-1.27 (-1.38%)
Divestitures / Spin-offs, Other Pre-Announcement

Crane Reaffirms FY Adjusted EPS View $5.65 To $5.85

Published: 05/24/2021 10:51 GMT
Crane Co. (CR) - Reaffirms FY Adjusted Earnings per Share View $5.65 to $5.85.
Agreement to Sell Its Engineered Materials Segment to Grupo Verzatec Sa De Cv for $360 Million.
Maintaining Our Full Year Adjusted EPS Guidance of $5.65 to $5.85.
Agreement to Sell Its Engineered Materials Segment on a Cash-free and Debt-free Basis.
Maintaining Its Current 2021 GAAP Earnings From Continuing Operations per Diluted Share (eps) Guidance of $5.75-$5.95.