Highlights include:
- Sales rose 10% from
$480 million in Q3 2022 to$530.1 million in Q3 2023. -
Net income rose from a
$59.3 million loss to$55.2 million in the comparative quarters. -
EPS rose from a
$1.06 loss to96 cents . -
Adjusted EPS for the quarter was
$1.03 . -
Aerospace and electronics sales rose 24% from
$167 million to$207 million . -
Process flow technologies rose 7% from
$250 million to$267 million . -
Engineered materials fell 11% from
$63 million to$56 million .
Shares traded today at
The
"Crane delivered yet another strong quarter, consistently demonstrating our differentiated execution and accelerating results from growth initiatives,"
The company raised its 2023 adjusted EPS guidance to
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