Crane Co
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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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.
Sep 30, 2024 · Filed Oct 31, 2024
CR$210.20+4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
ITEM 1: FINANCIAL STATEMENTS
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| (in millions, except per share data) | 2024 | 2023 | 2024 | 2023 |
| Net sales | $597.2 | $530.1 | $1,743.7 | $1,553.5 |
| Operating costs and expenses: | ||||
| Cost of sales | 359.2 | 326.9 | 1,061.3 | 942.3 |
| Selling, general and administrative | 132.8 | 126.9 | 391.2 | 394.3 |
| Operating profit | 105.2 | 76.3 | 291.2 | 216.9 |
| Other (expense) income: | ||||
| Interest income | 1.5 | 1.5 | 4.0 | 3.2 |
| Interest expense | (7.3) | (4.8) | (21.9) | (16.7) |
| Miscellaneous income (expense), net | 0.7 | 1.3 | 0.5 | (0.5) |
| Total other expense, net | (5.1) | (2.0) | (17.4) | (14.0) |
| Income from continuing operations before income taxes | 100.1 | 74.3 | 273.8 | 202.9 |
| Provision for income taxes | 22.8 | 19.1 | 60.1 | 48.5 |
| Net income from continuing operations attributable to common shareholders | 77.3 | 55.2 | 213.7 | 154.4 |
| Income from discontinued operations, net of tax (Note 3) | — | — | — | 52.1 |
| Net income attributable to common shareholders | $77.3 | $55.2 | $213.7 | $206.5 |
| Earnings per basic share: | ||||
| Earnings per basic share from continuing operations | $1.35 | $0.97 | $3.74 | $2.72 |
| Earnings per basic share from discontinued operations | — | — | — | 0.92 |
| Earnings per basic share | $1.35 | $0.97 | $3.74 | $3.64 |
| Earnings per diluted share: | ||||
| Earnings per diluted share from continuing operations | $1.33 | $0.96 | $3.67 | $2.69 |
| Earnings per diluted share from discontinued operations | — | — | — | 0.91 |
| Earnings per diluted share | $1.33 | $0.96 | $3.67 | $3.60 |
| Average shares outstanding: | ||||
| Basic | 57.2 | 56.8 | 57.1 | 56.7 |
| Diluted | 58.3 | 57.5 | 58.2 | 57.4 |
| Dividends per share | $0.205 | $0.18 | $0.615 | $0.36 |
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