Crane Co raises 2026 adjusted EPS outlook after record Q1 adjusted EPS of $1.65
Crane Company reported first-quarter 2026 results on April 27, 2026, with net sales up 24.9% to $696.4 million, mostly from acquisitions. GAAP EPS from continuing operations fell 15% to $1.14, as acquisition transaction costs and amortization weighed on operating profit, while adjusted EPS rose 15% to $1.65. The company raised its full-year adjusted EPS outlook to $6.65-$6.85, which signals higher expected earnings for shareholders, though GAAP profit and free cash flow declined.
Key points
- Net sales rose 24.9% to $696.4 million, including 18.3% from acquisitions and 3.8% core sales growth.
- GAAP EPS from continuing operations was $1.14, down from $1.34; adjusted EPS was $1.65, up from $1.43.
- Full-year adjusted EPS outlook raised to $6.65-$6.85 from $6.55-$6.75.
- Free cash flow was negative $40.2 million; a $0.255 per share dividend is payable June 10, 2026 to holders of record May 29, 2026.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.