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Crane NXT: Q3 Earnings Snapshot
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WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Crane NXT, Co. (CXT) on Wednesday reported third-quarter profit of $38.4 million.

The Waltham, Massachusetts-based company said it had profit of 66 cents per share. Earnings, adjusted for one-time gains and costs, were $1.28 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.

The maker of engineered industrial products posted revenue of $497.1 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $493.8 million.

Crane NXT expects full-year earnings in the range of $4.32 to $4.42 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CXT at https://www.zacks.com/ap/CXT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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