Crane NXT Announces Fourth Quarter and Full Year 2024 Results; Raises Annual Dividend by 6%

Crane NXT, Co. (CXT)
Company Research
Source: GlobeNewswire
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 2024 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 fina
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CXT
News
- Crane NXT Announces Dates for First Quarter 2025 Earnings Release and Earnings CallGlobeNewswire
- Crane NXT, Co. (NYSE: CXT) was downgraded by analysts at Northland Capmk from a "strong-buy" rating to a "hold" rating.MarketBeat
- Crane NXT, Co. (NYSE: CXT) was downgraded by analysts at Northland Securities from an "outperform" rating to a "market perform" rating. They now have a $72.00 price target on the stock.MarketBeat
- Crane NXT Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Earnings CallGlobeNewswire
- Crane NXT to Participate in the CJS Securities 25th Annual New Ideas for the New Year ConferenceGlobeNewswire
CXT
Earnings
- 2/12/25 - In-Line
CXT
Sec Filings
- 3/14/25 - Form DEFA14A
- 3/14/25 - Form DEF
- 3/14/25 - Form ARS
- CXT's page on the SEC website