Apr. 28 at 8:20 PM
$CR Crane affirms FY25 EPS view of
$5.30-
$5.60, consensus
$5.49
The company states: "As we exited 2024, we had a very positive outlook for 2025 given the expectation of executing successfully on our strategy and growth initiatives, along with a favorable macroeconomic outlook. As the quarter progressed, we gained confidence in a path to earnings above the guidance range we provided in January. However, given recent economic developments and policy decisions outside of our control, the balance of the year is likely to unfold differently than we had anticipated.
Despite this uncertainty, based on the current inflationary pressures, and the demand and supply chain environment that we see today, along with our best analysis of the risks and opportunities ahead of us this year, we are comfortable reaffirming our full-year 2025 adjusted EPS outlook in the range of
$5.30-
$5.60. Our outlook reflects our views based on current economic conditions, and we will, of course, adjust that outlook if needed based on any updates or changes to trade policy or any incremental changes in the demand environment.
While factors outside our control remain dynamic, Crane remains extremely well positioned to outgrow our end markets and deliver above-market shareholder returns. Our focus today is executing on everything within our control, reacting swiftly to what is outside our control, serving our customers, and continuing to invest in all of our growth initiatives and technology roadmaps. I fully expect to emerge from this dislocation in an even stronger competitive position than when we entered the year and our teams are excited to capitalize on the opportunities, and to face the challenges, that lie ahead."
