Crane NXT Co

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

CXT reports strong Q1 performance, raises full-year EPS guidance

CXT's Q1 performance exceeded expectations, leading to a raised full-year EPS guidance range of $3.75 to $4.05. The company is focused on strategic growth, innovation, and addressing analyst inquiries to drive future success.

Crane NXT reports strong Q2 earnings, raises full-year guidance

Crane NXT delivered strong Q2 results, raised full-year guidance, and highlighted growth opportunities in international sales and authentication. The company addressed backlog burn normalization and expressed confidence in its market position and share. It also emphasized a focus on operational execution and disciplined capital allocation strategy.

Crane NXT (CXT) reports strong Q3 results, raises full year guidance

Crane NXT (CXT) delivered strong Q3 results, with solid performance in CPI and Crane Currency. Despite challenges in new orders for CPI, the company is on track to achieve its full year results within the guidance range.

Crane NXT excels in 2023, eyes growth through acquisitions

Crane NXT delivered a successful 2023, with strong financial results and strategic plans for growth. While facing challenges in core sales, the company remains optimistic about future opportunities and is focused on fortifying margins. The outlook for 2024 is positive, with a focus on acquisitions and technology leadership.

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Crane NXT Co. is an industrial technology company which provides trusted technology solutions to secure, detect, and authenticate to its customers. It offers micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. The firm provides global operations and manufacturing facilities in the United States, the United Kingdom, Mexico, Japan, Switzerland, Germany, Sweden, and Malta. Crane NXT is headquartered in Waltham, MA.

Crane NXT (CXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Crane NXT (CXT) Q1 Earnings Expected to Decline

WALTHAM, Mass., April 02, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that its Board of Directors has appointed Sandra Joyce as a Director of Crane NXT.

Crane NXT Announces Appointment of Sandra Joyce to Board of Directors

WALTHAM, Mass. & LONDON--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreement with Investcorp Technology Partners ("Investcorp”) to acquire OpSec Security (“OpSec”) for $270 million in cash, subject to customary adjustments. OpSec is a global leader in brand protection and authentication solutions, serving the world's most recognized brands, as well as government agencies and fin.

Crane NXT to Acquire OpSec Security, a Global Leader in Brand Protection and Authentication Solutions

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Hans Lidforss as Senior Vice President of Strategy. In this new role, Mr. Lidforss will be responsible for advancing the Company's strategy and creating new avenues for growth, including identifying and executing opportunities for M&A, growth ventures, and partnerships. Mr. Lidforss will report directly to Aaron W. Saak, Presid.

Crane NXT, Co. Announces Appointment of Hans Lidforss as Senior Vice President of Strategy

Crane NXT, Co. (CXT) Q4 2023 Earnings Call Transcript

WALTHAM, Mass.--(BUSINESS WIRE)--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, 2023. Fourth Quarter 2023 and Recent Highlights Core sales grew 4.1% year-over-year. GAAP operating profit margin was 20.3% and Adjusted operating profit margin was 23.4%. GAAP earnings per diluted share (EPS) was $0.86, and Adjusted EPS was $0.99. The Company repaid $70.

Crane NXT, Co. Announces Strong Fourth Quarter and Full Year 2023 Results, Raises Annual Dividend by 14%

Crane NYSE: CR is a high-flying stock, having gained 58% since the IPO spin-off and keeping most of it. A recent downshift in analyst sentiment driven by valuation capped gains in January, presenting a minor headwind, but nothing this industrial growth story can't handle.

Crane can fly to new highs in 2024

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announces its schedule for fourth quarter and full year 2023 results. Earnings Release: February 14, 2024, after close of market by public distribution and the Crane NXT, Co. website at www.cranenxt.com. Earnings Call: February 15, 2024, at 10:00 AM (Eastern Time) hosted by Aaron W. Saak, President & CEO, and Christina Cristiano, Senior Vice President & C.

Crane NXT, Co. Announces Dates For Fourth Quarter and Full Year 2023 Earnings Release and Earnings Call

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it will participate virtually in the CJS Securities 24th Annual “New Ideas for the New Year” Conference on January 10, 2024. Aaron Saak, President and Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will present at 1:35pm Eastern Time on January 10, 2024. The live webcast of the presentation and a.

Crane NXT, Co. Announces Participation in CJS Securities Conference

Crane NXT (CXT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Crane NXT (CXT) Moves 6.4% Higher: Will This Strength Last?

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights GAAP earnings per diluted share (EPS) was $0.90, and Adjusted EPS was $1.09. Third quarter core sales grew 4%1 year-over-year. GAAP operating profit margin was 22.6% and Adjusted operating profit margin was 26.0%, an increase of 10 basis points year-.

Crane NXT, Co. Announces Strong Third Quarter Results; Narrows Full Year Guidance

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it will participate in Baird's Global Industrial Conference on November 8, 2023, in Chicago, IL. Aaron Saak, President and Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will present at 9:40am Central Time on November 8, 2023. The live webcast of the presentation and a replay of the event will be.

Crane NXT, Co. Announces Participation in Baird Global Industrial Conference

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Thomson Reuters

Investors with an interest in Technology Services stocks have likely encountered both Crane NXT (CXT) and Thomson Reuters (TRI). But which of these two stocks presents investors with the better value opportunity right now?

CXT vs. TRI: Which Stock Is the Better Value Option?

Investors looking for stocks in the Technology Services sector might want to consider either Crane NXT (CXT) or Thomson Reuters (TRI). But which of these two stocks offers value investors a better bang for their buck right now?

CXT or TRI: Which Is the Better Value Stock Right Now?

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, announced that it will participate in D.A. Davidson's 22nd Annual Diversified Industrials and Services Conference, September 20-22, 2023, in Nashville, TN. Aaron Saak, Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will participate in a fireside chat at 2:45pm Central Time on September 21, 2023. The live webcast of fireside chat and a replay.

Crane NXT, Co. Announces Participation in D.A. Davidson's 22nd Annual Diversified Industrials & Services Conference

Crane NXT is a company that focuses on technology solutions for payment transactions and the creation of banknotes. The company's revenue increased by 2.2% in the first half of the 2023 fiscal year, with strong performance in the Crane Payment Innovations segment leading the way. Net income and profitability metrics for the company worsened year over year, but management has provided positive guidance for the future and shares look attractive enough to warrant some upside.

Crane NXT: Still A Bit More Upside In This Currency Play

Sprinklr

Investors looking for stocks in the Technology Services sector might want to consider either Crane NXT (CXT) or Sprinkler (CXM). But which of these two companies is the best option for those looking for undervalued stocks?

CXT vs. CXM: Which Stock Is the Better Value Option?

The consensus price target hints at an 81.9% upside potential for Crane NXT (CXT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See an 81.91% Upside in Crane NXT (CXT): Can the Stock Really Move This High?

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it has appointed Rima Hyder as Vice President, Investor Relations (IR). Based in Waltham, Hyder will report to Christina Cristiano, Senior Vice President and Chief Financial Officer. Hyder will lead the IR function after a transition period with Jason Feldman, Vice President, IR for Crane Company. Feldman has jointly led the IR functions at both Cr.

Crane NXT, Co. Announces Appointment of Rima Hyder as Head of Investor Relations

Investors looking for stocks in the Technology Services sector might want to consider either Crane NXT (CXT) or Sprinkler (CXM). But which of these two stocks offers value investors a better bang for their buck right now?

CXT or CXM: Which Is the Better Value Stock Right Now?

Crane NXT, Co. (NYSE:CXT ) Q2 2023 Results Conference Call August 8, 2023 8:00 AM ET Company Participants Jason Feldman - Vice President, Investor Relations Aaron Saak - President and Chief Executive Officer Christina Cristiano - Senior Vice President and Chief Financial Officer Conference Call Participants Matt Summerville - D.A. Davidson Bob Labick - CJS Securities Operator Greetings, and welcome to the Crane NXT, Co. Second Quarter 2023 Earnings Conference Call [Operator Instructions].

Crane NXT, Co. (CXT) Q2 2023 Earnings Call Transcript

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, today announced its financial results for the second quarter of 2023. On April 3, 2023, Crane Holdings, Co. completed the separation of its wholly-owned subsidiary at that time, Crane Company, in a tax-free distribution of Crane Company shares to Crane Holdings, Co. stockholders, and changed its name to Crane NXT, Co. Historical financial measures in this release for Crane NXT are presented on.

Crane NXT, Co. Announces Strong Second Quarter Results and Raises 2023 Guidance

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that its Board of Directors has appointed David D. Petratis as a Director of Crane NXT. Mr. Petratis has built a career as an Executive Leader and Board Director of multinational technology-focused companies. From 2013 to 2022, he served as Chairman of the Board, President and Chief Executive Officer of Allegion plc, a global provider of security and acc.

Crane NXT, Co. Announces Appointment of David D. Petratis to Board of Directors

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) announces the following schedule and teleconference information for its second quarter 2023 earnings release: Earnings Release: August 7, 2023 after close of market by public distribution and the Crane NXT, Co. website at www.cranenxt.com. Teleconference: August 8, 2023 at 10:00 AM (Eastern) hosted by Aaron W. Saak, President & CEO, and Christina Cristiano, Senior Vice President & CFO. The call can be accessed in a listen-only.

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