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Crane NXT Announces Fourth Quarter and Full Year 2024 Results; Raises Annual Dividend by 6% [Yahoo! Finance]

Crane Co. (CR) 
Last crane co. earnings: 4/27 05:01 pm Check Earnings Report
US:NYSE Investor Relations: ir.craneco.com
Company Research Source: Yahoo! Finance
29 min read In This Article CXT Crane NXT Delivers full year Sales growth of 7%, GAAP EPS of $3.19 and Adjusted EPS of $4.26 On track to close De La Rue Authentication acquisition in the second quarter of 2025 WALTHAM, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter Highlights Sales growth of 11.8% with core sales growth of 2.8% year-over-year. GAAP operating profit margin of 17.7% and Adjusted operating profit margin of 23.7%. GAAP earnings per diluted share (EPS) of $1.00, and Adjusted EPS of $1.20. Secured a £300 million term loan commitment to finance De La Rue transaction. Declared a first quarter 2025 dividend of $0.17 per share, an increase of 6% over the prior year. Full Year Highlights Completed the acquisitions of OpSec Security and TruTag Sm Show less Read more
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