Crane Earnings: What Investors Should Watch

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Crane (NYSE:CR) will report earnings after markets close on Monday, July 22nd. Crane Co. manufactures engineered industrial products. The Company’s products include vending machines, airplane braking devices, pumps, valves, and other industrial goods. Crane serves the aerospace manufacturing, power generation, hydrocarbon processing, commercial and residential building, plumbing, and food and beverage production industries.

Here is your Cheat Sheet to Crane Earnings:

Earnings Expectations: Analysts expect earnings of $1.04 per share on revenues of $664.47 million. Currently, the company’s P/E ratio stands at 16.65.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.08 and has not changed. For the current year, the average estimate is a profit of $4.23, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Crane has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,604 2,196 2,218 2,546 2,579
Diluted EPS ($) 2.24 2.28 2.59 0.44 3.72

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 657.69 645.98 629.79 627.57
Diluted EPS ($) 1.07 0.99 0.79 0.99

Past Performance:
Crane has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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