Crane Co. Q3 Profit Rises to $97.3 Million as Revenue Jumps 28.1%

Crane Co. (CR) reported third-quarter earnings of $97.3 million, or $1.66 per share, up from $91.4 million, or $1.56 per share, a year earlier. Excluding items, adjusted earnings came in at $120.7 million, or $2.05 per share. Revenue rose 28.1% to $754.6 million from $589.2 million. The company issued full-year EPS guidance of $7.23 to $7.38.