Crane NXT Reports Q4 Earnings

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Crane NXT, Co. (CXT), an engineered industrial products manufacturer based in Waltham, Massachusetts, reported fourth-quarter earnings of $48 million, or $0.83 per share. Adjusted earnings came in at $1.27 per share, beating the average analyst estimate of $1.25 per share. The company posted quarterly revenue of $476.9 million.

Why it matters

Crane NXT's strong Q4 results demonstrate the company's ability to navigate economic challenges and deliver solid financial performance. As an industrial manufacturer, Crane NXT's earnings are seen as an indicator of broader economic trends and the health of the manufacturing sector.

The details

Crane NXT reported Q4 GAAP earnings of $0.83 per share and adjusted earnings of $1.27 per share, exceeding the average analyst estimate of $1.25 per share. The company posted quarterly revenue of $476.9 million. For the full year, Crane NXT reported profit of $145.1 million, or $2.50 per share, on revenue of $1.66 billion. The company expects full-year 2023 earnings in the range of $4.10 to $4.40 per share.

• Crane NXT reported Q4 2022 earnings on February 11, 2026.
• The company expects full-year 2023 earnings guidance in the range of $4.10 to $4.40 per share.

What’s next

Crane NXT's full-year 2023 earnings guidance will be a key focus for investors as they assess the company's performance and outlook.