The chart below shows how CR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CR sees a +0.78% change in stock price 10 days leading up to the earnings, and a +7.18% change 10 days following the report. On the earnings day itself, the stock moves by -0.17%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Q4 Adjusted EPS Growth: Adjusted EPS of $1.26 for Q4 2024, reflecting an 8% core sales growth, with full year adjusted EPS of $4.88, up 28% over 2023.
Sales and Profit Growth: Sales for 2024 increased 14%, driven by 8% core growth and 6% contribution from acquisitions, with adjusted operating profit of $383 million, a 29% increase compared to the prior year.
Backlog and Orders Growth: Core FX neutral backlog increased by 9% year-over-year, driven by strong performance in Aerospace and Electronics, with core orders also up 8%.
Dividend Increase Confidence: The dividend was increased by 12%, reflecting confidence in the company's financial health and future growth prospects.
Adjusted EPS Guidance 2025: For 2025, initial adjusted EPS guidance is set at $5.30 to $5.60, indicating a solid 12% growth at the midpoint, with expectations of continued strong demand trends.
Negative
Earnings Performance Challenges: Adjusted EPS of $1.26 was below the expected range, indicating potential challenges in maintaining profitability despite an 8% core sales growth.
Backlog Decline Analysis: Core FX neutral backlog decreased by 4% compared to the prior year, suggesting a decline in future sales expectations and project timing issues.
Hurricane Impact on Earnings: Production downtime in Q4 due to Hurricane Helene resulted in an estimated $0.09 impact on earnings, reflecting operational disruptions that affected overall performance.
Debt Management Risks: Total debt at the end of 2024 was approximately $247 million, which, while manageable, indicates a reliance on debt financing that could pose risks in a rising interest rate environment.
Projected Core Sales Growth: Core sales growth for 2025 is projected to be low to mid single digits, a significant deceleration compared to previous years, indicating potential headwinds in market demand.
Earnings call transcript: Crane Co. Q4 2024 misses estimates, stock rises
CR.N
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