-=Crane (CR) reported earnings on Mon 23 July 2018 (a/h)

Crane beats by $0.06, beats on revs; raises FY18 EPS above consensus 

• Reports Q2 (Jun) earnings of $1.41 per share, excluding non-recurring items, $0.06 better than the Capital IQ Consensus of $1.35; revenues rose 21.1% year/year to $851 mln vs the $834.45 mln Capital IQ Consensus.
• Co issues upside guidance for FY18, raises EPS to $5.60-5.80 from $5.45-5.65, excluding non-recurring items, vs. $5.62 Capital IQ Consensus Estimate.