Crane NXT reports Q3 EPS $1.28, consensus $1.26

Reports Q3 revenue $445.1M, consensus $431.38M. Aaron Saak, Crane NXT’s (CXT) president and CEO, stated: “Our third quarter results continue to show progress in the evolution of Crane NXT, with accelerating growth in our SAT segment, strong margins in CPI, and robust free cash flow. Given the sustained momentum in SAT, we are raising our full year sales guidance. Additionally, we are narrowing our Adjusted EPS guidance range primarily driven by ongoing macroeconomic uncertainty impacting demand in CPI.”