Crane Shares Rise on 1Q Earnings Beat, Lifted Outlook

Dow Jones04-28

By Elias Schisgall

Shares of Crane rose after the company lifted its outlook and reported first-quarter earnings ahead of Wall Street expectations.

Shares were up 3.8% to $190.00 in after-hours trading Monday after closing up 1.6%, at $183.01, during the regular session.

The aerospace components manufacturer on Monday said that despite an uncertain macroeconomic backdrop, it now expects full-year adjusted earnings between $6.65 and $6.85 a share, up from a previous range of $6.55 to $6.75 a share.

Analysts surveyed by FactSet are expecting $6.69 a share.

The company logged a first-quarter profit of $67.1 million, or $1.14 a share, compared with a profit of $107.1 million, or $1.83 a share, a year earlier.

Stripping out certain one-time items, the company reported adjusted earnings of $1.65 a share. Analysts were expecting $1.45 a share.

Net sales rose to $696.4 million, up from $557.6 million. Analysts were expecting $672.7 million.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

April 27, 2026 18:09 ET (22:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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