Crane NXT reports Q4 adjusted EPS 99c, consensus 93c

Reports Q4 revenue $356.9M, consensus $341.42M. Aaron Saak, Crane NXT’s President, and Chief Executive Officer stated: “We delivered a strong close to 2023, underpinned by outstanding operational performance from both our businesses. We achieved adjusted EPS of $4.16, exceeding the high end of our guidance, as well as generating 4% growth in core sales, and expanding our adjusted segment operating margins by 30 basis points year over year.”