Morgan Stanley Maintains Equal-Weight on Crane, Raises Price Target to $116
Morgan Stanley maintains Crane (NYSE:CR) with a Equal-Weight and raises the price target from $111 to $116.
Crane: Q4 Earnings Insights
Crane (NYSE:CR) reported its Q4 earnings results on Monday, January 24, 2022 at 05:01 PM.
Here's what investors need to know about the announcement.
Crane Q4 EPS $1.25 Beats $1.13 Estimate, Sales $770.50M Beat $745.86M Estimate
Crane (NYSE:CR) reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.13 by 10.62 percent. This is a 25 percent increase over earnings of $1.00 per share from the same period last
Earnings Scheduled For January 24, 2022
Companies Reporting Before The Bell
• Sify Technologies (NASDAQ:SIFY) is likely to report earnings for its third quarter.
Morgan Stanley Initiates Coverage On Several Industrial Stocks
Morgan Stanley analyst Kristine Liwag initiated coverage on six Industrial stocks within Machinery and Aerospace & Defense industries.
Morgan Stanley Initiates Coverage On Crane with Equal-Weight Rating, Announces Price Target of $111
Morgan Stanley analyst Kristine Liwag initiates coverage on Crane (NYSE:CR) with a Equal-Weight rating and announces Price Target of $111.
Crane Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q3, Crane (NYSE:CR) earned $138.20 million, a 0.95% increase from the preceding quarter. Crane also posted a total of $833.50 million in sales, a 4.66% increase since Q2.