Crane NXT Q3 revenue rises 12%, slightly beats estimates
CXT•CXT•CXT•CXT•Crane NXT reported third-quarter revenue of $497 million, up 12% year over year, and adjusted EPS of $1.28, both above estimates. It raised the midpoint of its 2026 adjusted EPS guidance to $4.32-$4.42 and forecast sales growth of about 14%.
Crane NXT's third-quarter revenue rose 12% year over year to $497 million, slightly above the $495 million analyst estimate. Adjusted EPS was $1.28, beating the $1.21 estimate; reported EPS was $0.66.
The company raised the midpoint of its full-year 2026 adjusted EPS guidance and narrowed the range to $4.32-$4.42. It forecast sales growth of about 14%, down from its prior outlook of 15% to 17%, with SAT segment sales growth of about 11% and DTT growth in the high teens.
The company said acquisitions accounted for most of Q3 sales growth, while organic growth remained modest. CEO Aaron Saak cited long-term customer contracts as contributing to performance and strong free cash flow as supporting financial flexibility and deleveraging.
