NYSE:CR - New York Stock Exchange, Inc. - US2244081046 - Common Stock - Currency: USD
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for most countries. This added layer of uncertainty reminded investors that the global trade environment remained volatile, limiting the potential for sustained market gains.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including John Bean (NYSE:JBTM) and its peers.
IR gains from solid momentum across its segments, accretive acquisitions and shareholder-friendly policies. However, high costs and forex woes remain a concern.
Crane Company stock is flying high but can continue to increase because of growth, improving earnings quality, and analysts' sentiment trends.
Mentions: CXT
Industrial conglomerate Crane (NYSE:CR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 2.1% year on year to $544.1 million. Its non-GAAP profit of $1.26 per share was 4.3% above analysts’ consensus estimates.