Crane Company · CR · FY2026 Q2 · Calendar Q3 2026

Crane raises EPS outlook as backlog and acquisitions strengthen Q2

Crane's Q2 analysis supports a constructive operating picture: aerospace and defense demand, acquisition synergies and a nearly $1.3 billion backlog supported results, while Process Flow Technologies remains the key proof point for broader organic growth.

Reported After market closeNYSEIndustrials $11.45B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $1.79 Consensus $1.68
EPS surprise +6.5% Reported versus consensus
Reported revenue $724.7M Consensus $708.5M
Revenue surprise +2.3% Reported versus consensus

Market reaction

event-close to next-session close
Stock move -8.7% Event window
SPY move -1.5% Same window
Abnormal move -7.1% Stock minus SPY
Volume 2.5× Versus trailing sessions
Subsequent drift +1.4% Up to 20 sessions
CRSPY benchmark

Ask FN2 about CR FY2026 Q2

Transcript, numbers and history already loaded

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Transcript intelligence

What changed

The company reported record Q2 performance and raised full-year adjusted EPS guidance to $6.85-$7.05. Acquisition contribution is now expected at $0.20 per share, and management expects Process Flow Technologies to turn positive organically in the second half.

Guidance delta

Raised: full-year adjusted EPS guidance moved to $6.85-$7.05, and expected acquisition contribution increased to $0.20 per share from $0.15 previously.

Key takeaways

  • Core sales grew 5% and adjusted operating margin reached 21.3%.
  • Backlog reached nearly $1.3 billion, up 11% year over year on a core basis.
  • Recent acquisitions are delivering synergies ahead of schedule.
  • Aerospace, defense and cryogenic demand remained strong, while Process Flow Technologies was expected to improve in the second half.

Management priorities

  • Continue active M&A focused on mission-critical technologies.
  • Launch self-funded products beginning next year.
  • Expand nuclear services, including SMR and AP1000 capabilities.
  • Use capital for debt reduction, potential share repurchases and capacity expansion.

Follow CR with an agent that reads every filing, transcript, and price print. Free to start.

Try FN2 free

Earnings History

Estimate Beat Miss Match
CR EPS earnings history estimate and actual scatter chart 10 reported fiscal quarters and 4 future estimate-only quarters. Q2 '24 estimate $1.24 Q2 '24 actual $1.30, beat Q3 '24 estimate $1.32 Q3 '24 actual $1.38, beat Q2 '25 estimate $1.34 Q2 '25 actual $1.49, beat Q3 '25 estimate $1.49 Q3 '25 actual $1.64, beat Q4 '25 estimate $1.43 Q4 '25 actual $1.53, beat Q1 '26 estimate $1.44 Q1 '26 actual $1.65, beat Q2 '26 estimate $1.68 Q2 '26 actual $1.79, beat Q3 '26 estimate $1.82 Q3 '26 actual $2.05, beat Q4 '26 estimate $1.82 Q1 '27 estimate $1.82 Q2 '27 estimate $1.99 Q3 '27 estimate $2.16
Show 2 more >

Analyst Consensus ?

ConsensusBuy28 ratings
Bullish2175.0%
Neutral725.0%
Bearish00.0%

Analyst 52W Price Targets

$198.02Current
$125Low
$216.6Average
$255High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 31, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Stifel Buy BuyMaintainOct 29, 2026
DA Davidson Buy BuyMaintainSep 15, 2026
B of A Securities Buy BuyMaintainAug 21, 2025
UBS Buy BuyMaintainJul 30, 2025
Deutsche Bank Buy BuyMaintainJun 10, 2025
Vertical Research Buy HoldUpgradeApr 24, 2024
Morgan Stanley Overweight Equal WeightUpgradeDec 12, 2022
Canaccord Genuity Buy BuyMaintainMar 8, 2021
CFRA Hold HoldMaintainApr 29, 2020
Stifel Nicolaus Buy BuyMaintainJan 29, 2020
Buckingham Buy NeutralUpgradeJan 29, 2020
Buckingham Research Buy BuyMaintainJul 24, 2019
William Blair Market Perform OutperformDowngradeJan 29, 2019
Susquehanna Positive NeutralUpgradeApr 25, 2018
Bank of America Buy BuyMaintainFeb 1, 2018
Seaport Global Buy NeutralUpgradeOct 26, 2017
Oppenheimer Outperform OutperformMaintainOct 25, 2017
Wolfe Research Outperform Peer PerformUpgradeAug 14, 2017
Topeka Buy BuyMaintainMay 26, 2016
Boenning & Scattergood Outperform OutperformMaintainMar 4, 2016
Avondale Partners Perform Market PerformMaintainOct 15, 2015
FBR Capital Market Perform OutperformDowngradeFeb 27, 2015
RBC Capital Sector Perform OutperformDowngradeFeb 11, 2015
KeyBanc Hold BuyDowngradeFeb 2, 2015
Citigroup Buy NeutralUpgradeFeb 28, 2014
Imperial Capital Outperform OutperformMaintainJun 13, 2013
Ascendiant Capital Neutral BuyDowngradeMay 16, 2013
Capstone Buy BuyMaintainDec 12, 2012
Show less

Named analyst price targets

Upside is calculated against the persisted current price $198.02. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
D.A. DavidsonAnalyst unavailable$255$203.12 +28.8%Oct 29, 2026
Stifel NicolausNathan Jones$247$198.42 +24.7%Oct 29, 2026
Deutsche BankAnalyst unavailable$240$203.81 +21.2%Sep 1, 2026
D.A. DavidsonAnalyst unavailable$245$212.48 +23.7%Jul 30, 2026
Stifel NicolausNathan Jones$242$217.49 +22.2%Jul 20, 2026
BMO CapitalDaniel DiCicco$253$217.49 +27.8%Jul 20, 2026
Stifel NicolausNathan Jones$215$177.93 +8.6%Apr 29, 2026
Deutsche BankAnalyst unavailable$238$178.01 +20.2%Jan 29, 2026
Stifel NicolausNathan Jones$201$204.03 +1.5%Jan 23, 2026
Stifel NicolausAnalyst unavailable$200$186.5 +1.0%Dec 16, 2025
Wolfe ResearchAnalyst unavailable$215$184.03 +8.6%Dec 4, 2025
D.A. DavidsonAnalyst unavailable$235$193.18 +18.7%Oct 30, 2025
Stifel NicolausAnalyst unavailable$202$191.29 +2.0%Oct 29, 2025
D.A. DavidsonMatt Summerville$230$194.2 +16.1%Oct 28, 2025
UBSDamian Karas$215$186.67 +8.6%Jun 10, 2025
Deutsche BankScott Deuschle$186$141.3 -6.1%Apr 14, 2025
Stifel NicolausNathan Jones$175$159.14 -11.6%Oct 16, 2024
Deutsche BankScott Deuschle$182$156.6 -8.1%Oct 3, 2024
D.A. DavidsonMatt Summerville$160$145.58 -19.2%May 16, 2024
UBSAnalyst unavailable$125$93.84 -36.9%Jul 28, 2022
Show less

Track every rating change on CR the moment it posts. Free to start.

Start free

Company context

Snapshot as of publication

Established in 1855 in Stamford, Connecticut, Crane Company, formerly known as Crane Holdings, Co., is a global industrial manufacturer and distributor of specialized engineered products. Operating across the Americas, Europe, the Middle East, Asia, and Australia, the company is structured into four main business divisions. The Aerospace & Electronics segment provides critical components and integrated systems, including both original equipment and aftermarket parts, primarily to commercial and military aerospace, defense, and space exploration markets. This encompasses products like pressure sensors for aircraft engine control, braking systems for fighter jets, power conversion solutions for spacecraft, and lubrication systems.…

Historical context

All CR earnings

Industrials peers this season

Latest reports in the same sector

Latest beats and misses

Who reports next

Get the CR recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-07-29T18:05:06.687838+00:00
  2. FN2 earnings calendar · 2026-09-02T01:23:14.593608+00:00
  3. Polygon adjusted daily market bars · 2026-10-31T17:40:39.201107+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-31T17:40:39.198359+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-31. For educational purposes only; not investment advice.