NYSE:CRMachinery
Crane (CR) Is Down 6.7% After Raising 2026 EPS Guidance And Highlighting M&A Firepower – What's Changed
In late April 2026, Crane Company reported first-quarter sales of US$696.4 million, up from US$557.6 million a year earlier, raised its full-year 2026 EPS guidance, affirmed its US$0.255 quarterly dividend, and highlighted continued balance-sheet capacity for further acquisitions.
The combination of recent sensing and process-flow acquisitions, ongoing M&A appetite at pro forma net leverage of 1.4x, and management’s confidence in both acquired and core operations marks a significant step in...