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Crane's Earnings Preview

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Crane earnings are just around the corner!

Crane (NYSE: CR) will be releasing its next round of earnings Monday. For all of the relevant information, here is your guide for today's Q4 earnings announcement.

Earnings and Revenue

Crane EPS is expected to be around $1.17, according to sell-side analysts. Sales will likely be near $701.9 million.

Crane EPS in the same period a year ago totaled $1.02 cents per share. Sales were $681 million. If the company were to match the current consensus estimate, earnings would be up 14.71 percent. Revenue would be up 3.01 percent from the same quarter last year.

Here's how the company's reported EPS has compared to analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 1.1 1.17 0.99 0.98
EPS Actual 1.13 1.17 1.05 1.02

 

Q4 EPS Estimate: $1.17
Q4 Revenues Estimate: $701 million

Stock Performance

Shares of Crane were trading at $94.09 as of Jan. 26. Over the last 52-week period, shares are up 26.12 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Over the past 90 days, analysts' have adjusted their estimates higher for EPS and revenues. The most common rating by analysts on Crane stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

 

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