Crane Co. Profit Advances In Q4

(RTTNews) - Crane Co. (CR) announced earnings for its fourth quarter that increased from last year.

The company said its bottom line totaled $71.0 million, or $1.18 per share. This was up from $61.1 million, or $1.02 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.8% to $714.2 million. This was up from $681.4 million last year.

Crane Co. earnings at a glance:

-Earnings (Q4): $71.0 Mln. vs. $61.1 Mln. last year. -Earnings Growth (Y-o-Y): 16.2% -EPS (Q4): $1.18 vs. $1.02 last year. -EPS Growth (Y-o-Y): 15.7% -Analysts Estimate: $1.17 -Revenue (Q4): $714.2 Mln vs. $681.4 Mln last year. -Revenue Change (Y-o-Y): 4.8%

-Guidance: Full year EPS guidance: $5.35-$5.55