Crane Co. (CR) announced a profit for its first quarter that increased from the same period last year
The company's bottom line came in at $107.1 million, or $1.83 per share. This compares with $64.8 million, or $1.12 per share, last year.
Excluding items, Crane Co. reported adjusted earnings of $81.7 million or $1.39 per share for the period.
The company's revenue for the period rose 9.3% to $557.6 million from $510.2 million last year.
Crane Co. earnings at a glance (GAAP) :
-Earnings: $107.1 Mln. vs. $64.8 Mln. last year.-EPS: $1.83 vs. $1.12 last year.-Revenue: $557.6 Mln vs. $510.2 Mln last year.
-Guidance:Full year EPS guidance: $5.30 - $5.60
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