Crane Co

For the period ended Mar 31, 2024. Filed May 1, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 1, 2024

CR$210.20+4.5%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

ITEM 1: FINANCIAL STATEMENTS

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months Ended
	March 31,
(in millions, except per share data)	2024	2023
Net sales	$565.3	$513.8
Operating costs and expenses:
Cost of sales	344.8	306.9
Selling, general and administrative	131.1	129.4
Operating profit	89.4	77.5
Other (expense) income:
Interest income	1.2	0.9
Interest expense	(7.2)	(6.6)
Miscellaneous expense, net	(1.3)	(0.5)
Total other expense, net	(7.3)	(6.2)
Income from continuing operations before income taxes	82.1	71.3
Provision for income taxes	17.3	15.4
Net income from continuing operations attributable to common shareholders	64.8	55.9
Income from discontinued operations, net of tax (Note 3)	—	49.8
Net income attributable to common shareholders	$64.8	$105.7
Earnings per basic share:
Earnings per basic share from continuing operations	$1.14	$0.99
Earnings per basic share from discontinued operations	—	0.88
Earnings per basic share	$1.14	$1.87
Earnings per diluted share:
Earnings per diluted share from continuing operations	$1.12	$0.98
Earnings per diluted share from discontinued operations	—	0.86
Earnings per diluted share	$1.12	$1.84
Average shares outstanding:
Basic	57.0	56.5
Diluted	58.1	57.3
Dividends per share	$0.205	$0.47

ContentsView on SEC.gov

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