Crane Nxt, Co. ( (CXT) ) has released its Q3 earnings. Here is a breakdown of the information Crane Nxt, Co. presented to its investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Crane NXT, Co. is a leading industrial technology company specializing in providing advanced solutions for securing, detecting, and authenticating high-value products and digital content across various industries.
In its third quarter of 2025, Crane NXT reported a significant 10% increase in sales, reaching $445 million, and adjusted earnings per share (EPS) of $1.28, reflecting the company’s robust performance and strategic acquisitions.
Key highlights from the quarter include the signing of definitive agreements to acquire Antares Vision, expected to close in the first half of 2026, and a notable increase in sales driven by the acquisition of De La Rue Authentication Solutions. The company’s Security and Authentication Technologies segment showed impressive growth, with a 28.1% increase in sales, while the Crane Payment Innovations segment faced a slight decline due to lower volumes.
Looking ahead, Crane NXT has raised its full-year sales growth guidance to 9% to 11%, reflecting confidence in its strategic direction and market position. The company remains focused on leveraging its recent acquisitions to enhance its market leadership in detection, inspection, and authentication technologies.