Crane Company (NYSE: CR) reported its financial results for the second quarter of 2025, showcasing a strong performance with a 9.2% increase in net sales, reaching $577.2 million compared to $528.6 million in the same period of 2024. This growth was primarily driven by a 6.5% rise in core sales, a 1.8% contribution from acquisitions, and a 0.9% benefit from foreign exchange. The company's operating profit for the quarter rose by 15.2% to $102.9 million, while adjusted operating profit increased by 14.7% to $109.3 million, reflecting enhanced productivity. Earnings per share $(EPS)$ from continuing operations improved significantly, with adjusted EPS reaching $1.49, up from $1.20 in the second quarter of 2024, marking a 24% growth. Crane Company has raised its full-year adjusted EPS guidance to a range of $5.50-$5.80, an increase from the previous $5.30-$5.60 range, indicating a 16% growth at the mid-point over 2024. Key assumptions for this updated guidance include a total sales growth of approximately 6.5%, driven by core sales growth of approximately 4% to 6%, and maintaining an adjusted segment operating margin of over 22.5%. Additionally, Crane declared a regular quarterly dividend of $0.23 per share for the third quarter of 2025, payable on September 10, 2025. The company continues to explore opportunities for mergers and acquisitions, with a focus on Aerospace & Electronics and Process Flow Technologies sectors, supported by a solid balance sheet and a net debt to adjusted EBITDA ratio of approximately 1x.
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