Crane beats by $0.06, beats on revs; raises FY16 EPS guidance, reaffirms revs in-line :
- Reports Q3 (Sep) earnings of $1.07 per share, $0.06 better than the Capital IQ Consensus of $1.01; revenues rose 3.6% year/year to $694.2 mln vs the $666.89 mln Capital IQ Consensus.
- Co raises EPS guidance for FY16, sees EPS of $4.12-4.20, excluding non-recurring items, vs. $4.16 Capital IQ Consensus Estimate, from $4.00-4.20.; sees FY16 revs of $2.7 bln vs. $2.71 bln Capital IQ Consensus Estimate.
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