Crane Q2 FY26 EPS rises 19% to $1.63; net sales increase 25.6% to $724.7 million
CR•Second-quarter results
- Crane posted second-quarter GAAP EPS from continuing operations of $1.63, up 19%, while net sales climbed 25.6% to $724.7 million.
- GAAP operating profit jumped 40.2% to $144.3 million, lifting operating margin by 2.1 percentage points to 19.9%.
- Adjusted EPS from continuing operations rose 18% to $1.79; adjusted operating profit increased 37.3% to $154.3 million, with adjusted margin up 1.8 points to 21.3%.
Business segment performance and outlook
- Aerospace & Advanced Technologies net sales rose 31.3% to $339.1 million; backlog hit a record $1.27 billion, up 11% year over year on a core basis.
- It raised full-year adjusted EPS guidance to $6.85-$7.05 from $6.65-$6.85, citing strong execution and acquisitions performing ahead of plan.
