Crane Co. Reports Strong Earnings in Third Quarter; Raises Full Year EPS Guidance

by: , Atlantic Wire
October 25, 2010

Category: Syndicated Industry News | RSS 2.0

STAMFORD, Conn.–(BUSINESS WIRE)–Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported that third quarter 2010 earnings per diluted share increased 17% to $0.70, compared to $0.60 in the third quarter of 2009. Third quarter 2010 sales of $560.7 million increased $10.0 million, or 1.8%, compared to the third quarter of 2009, resulting from a core sales increase of $19.7 million (3.6%), offset by unfavorable foreign currency translation of $8.2 millio

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