CR

A month has gone by since the last earnings report for Flowserve (FLS). Shares have added about 2.1% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Flowserve due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers. Flowserve’s first-quarter 2026 adjusted earnings of 85 cents per share beat the Zacks Consensus Estimate of 82 cents. The bottom line increased 18.1% year over year.Flowserve’s total revenues of $1.07 billion missed the consensus estimate of $1.19 billion. Also, the top line decreased 6.7% year over year. Aftermarket bookings decreased 1.2% year over year to $680.3 million, while original equipment bookings decreased 13% year over year to $467.9 million.Total bookings amounted to $1.15 billion, reflecting a decrease of 6.4% year over year. The backlog at the end of the quarter was $2.95 billion, up 1.5% year over year. Flowserve currently has two reportable segments, Flowserve Pump Division and Flow Control Division. A brief discussion of the segments is provided below:In the first quarter, revenues from the Flowserve Pumps Division segment were $744.5 million, down 4.9% year over year. Segmental operating income was $125.8 million, down 7.8% year over year.Revenues from the Flow Control Division segment were $327.6 million, down 10% year over year. The segment’s operating income was $41.7 million, up 32.4% year over year. In the first quarter, Flowserve’s cost of sales decreased 11.2% year over year to $688.4 million. Gross profit rose 2.8% year over year to $379.8 million and the margin increased 330 basis points (bps) to 35.6%. Selling, general and administrative expenses were $263.4 million, up 8.3% year over year.Operating income decreased 9.5% year over year to $119.4 million. The operating margin was 11.2%, down 30 bps year over year. The effective tax rate was 19.7%. Exiting the first quarter, Flowserve had cash and cash equivalents of $792.4 million compared with $760.2 million at the end of 2025. Long-term debt (due after one year) was $1.66 billion compared with $1.53 billion reported at the end of 2025.In the first three months of 2026, the company used net cash of $43...

It has been about a month since the last earnings report for Watsco (WSO). Shares have lost about 11.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Watsco due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Watsco, Inc. before we dive into how investors and analysts have reacted as of late. Watsco reported first-quarter 2026 results with earnings and revenues beating the Zacks Consensus Estimate. While the top line increased and the bottom line tumbled on a year-over-year basis. Management characterized first-quarter conditions as more stable, pointing to a more “simplified business environment” now that the transition to A2L products has matured. The company said it expects a more normalized operating backdrop in 2026, while still emphasizing that it remained early in the seasonal selling period. The company reported earnings of $1.87 per share, which beat the Zacks Consensus Estimate of $1.73 by 8.1%. Earnings declined 3.1% from $1.93 a year ago.Revenues were $1.53 billion, up 0.1% year over year and beat the consensus mark of $1.50 billion by 2%. Sales increased 2% in U.S. markets in the first quarter, while international sales declined 11%. By product line, HVAC equipment sales decreased 1%, other HVAC products rose 4%, and commercial refrigeration products increased 11%. HVAC equipment remained the largest contributor at 65% of sales, followed by other HVAC products at 30% and commercial refrigeration at 5%.Management noted that unit volumes stabilized as the quarter progressed, but the company still cited lingering disruption from last year’s A2L transition, lower home-building activity and more restrained consumer spending for replacement systems and upgrades. Gross profit was $427.6 million versus $429.6 million in the year-ago quarter. Gross margin declined 20 basis points to 27.9%, which management attributed primarily to the sales mix of HVAC equipment in 2026 compared with 2025.Selling, general and administrative expenses were essentially flat at $322.9 million and stayed consistent at 21.1% of revenues. Operating income was $110.2 million, translating to a 7.2% operating margin versus 7.3% in the prior-year quarter, reflecting limited leverage on largely unchanged...

Crane NXT’s first quarter saw revenue and adjusted earnings per share surpass Wall Street expectations, but the market responded negatively, reflecting investor concern over declining operating margins. Management attributed the strong top-line growth to contributions from the recent Antares Vision acquisition and continued robust demand in the Security and Authentication Technologies segment. However, CEO Aaron Saak acknowledged that operating margin declined year over year, largely due to lower hardware sales in Detection and Traceability Technologies and integration-related costs. Is now the time to buy CXT? Find out in our full research report (it’s free). Revenue: $387.7 million vs analyst estimates of $378.1 million (17.4% year-on-year growth, 2.5% beat) Adjusted EPS: $0.60 vs analyst estimates of $0.57 (5.4% beat) Adjusted EBITDA: $74.7 million vs analyst estimates of $70.99 million (19.3% margin, 5.2% beat) Management reiterated its full-year Adjusted EPS guidance of $4.25 at the midpoint Operating Margin: 5.7%, down from 11.3% in the same quarter last year Backlog: $649.3 million at quarter end, up 18.5% year on year Market Capitalization: $2.45 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Matt Summerville (D.A. Davidson) asked about the sustainability of international currency momentum. CEO Aaron Saak confirmed strong backlog extends through 2028, citing an expanding pipeline of micro-optic wins and ongoing redesign activity. Bob Labick (CJS Securities) questioned the performance divergence between currency and authentication sub-segments. CFO Christina Cristiano explained it was due to sales phasing and difficult international comps, while Saak highlighted ongoing product rationalization in authentication. Labick (CJS Securities) inquired about macro impacts on Antares Vision given its European exposure. Saak responded that there were no material impacts from geopolitical events, and that end-market demand remains robust. Isaac Sellhausen (Oppenheimer) probed for drivers of CPI service growth. Saak pointed to recurring maintenance and the expansion of service offerings to third-party equipment...

The market for Crane NXT, Co.'s (NYSE:CXT) shares didn't move much after it posted weak earnings recently. We think that the softer headline numbers might be getting counterbalanced by some positive underlying factors. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To properly understand Crane NXT's profit results, we need to consider the US$64m expense attributed to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And that's hardly a surprise given these line items are considered unusual. If Crane NXT doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from Crane NXT's earnings over the last year, but we might see an improvement next year. Based on this observation, we consider it likely that Crane NXT's statutory profit actually understates its earnings potential! Unfortunately, though, its earnings per share actually fell back over the last year. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For instance, we've identified 3 warning signs for Crane NXT (1 makes us a bit uncomfortable) you should be familiar with. This note has only looked at a single factor that sheds light on the nature of Crane NXT's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this ar...

Interested in Crane NXT, Co.? Here are five stocks we like better. Crane NXT reported a solid first quarter, with sales up to $388 million, adjusted EPS rising 11% to $0.60, and adjusted EBITDA margin improving to 19%. The company reaffirmed its earnings outlook and said free cash flow should accelerate through the year. The company completed its Antares Vision acquisition ahead of schedule, expanding into life sciences, food and beverage, and traceability software. Crane NXT expects the deal to contribute about $200 million to $210 million of revenue in 2026 and updated full-year sales growth guidance to 15% to 17%. Crane NXT’s Security and Authentication Technologies segment had a strong quarter, with sales up 51% year over year and margin expanding by 600 basis points. The company also said it expects continued growth in currency authentication, including high single-digit U.S. currency growth in 2026 and more material upside in 2027. Crane Stock Soars, But the Best Could Be Yet to Come: Here's Why Crane NXT (NYSE:CXT) reported first-quarter 2026 sales growth and reaffirmed its earnings outlook while updating its full-year guidance to include the recently completed acquisition of Antares Vision. President and Chief Executive Officer Aaron Saak said the company began the year with “solid momentum,” citing organic sales growth of approximately 6% and total sales growth of approximately 17% year over year. Saak said Crane NXT delivered against its three stated value creation priorities: accelerating organic growth, building on leadership positions and driving operational excellence through the Crane Business System. → Wells Fargo’s Comeback Is Real—But Not Risk-Free Crane can fly to new highs in 2024 Senior Vice President and Chief Financial Officer Christina Cristiano said first-quarter sales totaled $388 million. Adjusted EBITDA margin increased approximately 80 basis points to 19%, and adjusted earnings per share rose approximately 11% to $0.60. Cristiano said free cash flow reflected normal seasonality and the timing of payments, adding that the company expects free cash flow to accelerate through the year and achieve a full-year conversion ratio of 90% to 110%. Crane NXT completed the Antares Vision acquisition at the end of March, ahead of its original schedule. Saak said the acquisition expands the company’s reach into the life sciences and food and b...

Crane NXT (CXT) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.14%. A quarter ago, it was expected that this maker of engineered industrial products would post earnings of $1.25 per share when it actually produced earnings of $1.27, delivering a surprise of +1.6%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Crane NXT, which belongs to the Zacks Technology Services industry, posted revenues of $387.7 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.59%. This compares to year-ago revenues of $330.3 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Crane NXT shares have lost about 5.8% since the beginning of the year versus the S&P 500's gain of 6%. While Crane NXT has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Crane NXT was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (S...

WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Crane NXT, Co. (CXT) on Wednesday reported first-quarter net income of $6.4 million. The Waltham, Massachusetts-based company said it had profit of 11 cents per share. Earnings, adjusted for non-recurring costs, were 60 cents per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. The maker of engineered industrial products posted revenue of $387.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $377.9 million. Crane NXT expects full-year earnings in the range of $4.10 to $4.40 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CXT at https://www.zacks.com/ap/CXT

This article first appeared on GuruFocus. Crane NXT Co (NYSE:CXT) is set to release its Q1 2026 earnings on May 7, 2026. The consensus estimate for Q1 2026 revenue is $378.63 million, and the earnings are expected to come in at $0.40 per share. The full year 2026's revenue is expected to be $1.73 billion and the earnings are expected to be $3.51 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 4 Warning Signs with CXT. Is CXT fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for Crane NXT Co (NYSE:CXT) have declined from $1.74 billion to $1.73 billion for the full year 2026 and declined from $1.81 billion to $1.81 billion for 2027 over the past 90 days. Earnings estimates have declined from $3.89 per share to $3.51 per share for the full year 2026 and declined from $4.69 per share to $4.05 per share for 2027 over the past 90 days. In the previous quarter of 2025-12-31, Crane NXT Co's (NYSE:CXT) actual revenue was $476.90 million, which beat analysts' revenue expectations of $450.62 million by 5.83%. Crane NXT Co's (NYSE:CXT) actual earnings were $0.83 per share, which missed analysts' earnings expectations of $1.09 per share by -23.85%. After releasing the results, Crane NXT Co (NYSE:CXT) was up by 3.42% in one day. Based on the one-year price targets offered by 8 analysts, the average target price for Crane NXT Co (NYSE:CXT) is $85.56 with a high estimate of $189.00 and a low estimate of $58.00. The average target implies an upside of 91.48% from the current price of $44.68. Based on GuruFocus estimates, the estimated GF Value for Crane NXT Co (NYSE:CXT) in one year is $70.86, suggesting an upside of 58.59% from the current price of $44.68. Based on the consensus recommendation from 8 brokerage firms, Crane NXT Co's (NYSE:CXT) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.

Crane’s first quarter results for 2026 saw revenue and non-GAAP profit surpass Wall Street expectations, but the market responded negatively, likely due to a notable decline in operating margin compared to last year. Management pointed to strong execution in both the Aerospace and Advanced Technologies and Process Flow Technologies segments, underscored by outperformance from recent acquisitions. CEO Alejandro A. Alcala highlighted that integration and early cost actions from deals like Druck and Panametrics delivered benefits ahead of schedule, while ongoing demand in aerospace and select industrial markets supported top-line growth. Is now the time to buy CR? Find out in our full research report (it’s free). Revenue: $696.4 million vs analyst estimates of $671 million (24.9% year-on-year growth, 3.8% beat) Adjusted EPS: $1.65 vs analyst estimates of $1.45 (14% beat) Adjusted EBITDA: $150 million vs analyst estimates of $133.4 million (21.5% margin, 12.5% beat) Management raised its full-year Adjusted EPS guidance to $6.75 at the midpoint, a 1.5% increase Operating Margin: 14.4%, down from 18.1% in the same quarter last year Organic Revenue rose 3.8% year on year (beat) Market Capitalization: $9.95 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Amit Mehrotra (Deutsche Bank): asked about the rapid progress and upside in acquisition integration. CEO Alejandro A. Alcala explained faster cost actions, stronger demand, and early commercial improvements driving results ahead of schedule. Matt J. Summerville (D.A. Davidson): inquired about the timeline and size of potential new acquisitions. Alcala confirmed a strong, diverse M&A pipeline, with a disciplined focus on deal size and no resource constraints for integration. Jeffrey Todd Sprague (Vertical Research): questioned the rationale behind guiding for a commercial aftermarket decline. CFO Richard A. Maue clarified that conservative assumptions were used, offset by rising military spares, providing confidence in overall segment targets. Justin Ian Ages (CJS Securities): sought clarity on sluggish chemical demand and PFT project delays. Alcala explained delays...

Crane’s Q1 results beat expectations with adjusted EPS of $1.65 (up 15%), total sales up 25% (including 18% from acquisitions), and core backlog rising about 9% year‑over‑year. Recent acquisitions are outperforming—management now expects at least $0.15 of full‑year EPS accretion (roughly double the prior view) and sees ≥300 basis points of margin improvement, driven by faster cost actions, stronger demand, and early pricing gains. Management raised full‑year adjusted EPS guidance by $0.10 to $6.65–$6.85, and with pro‑forma net leverage of 1.4x said the company has capacity for further M&A from a “healthy” pipeline (targeting ~$500M deal sweet spot). Interested in Crane? Here are five stocks we like better. 3 Stocks Leading the Charge in the Agentic AI Era Crane (NYSE:CR) reported a strong start to fiscal 2026, with leadership pointing to broad-based execution, solid demand in key end markets, and faster-than-expected contributions from recently acquired businesses. Management also raised its adjusted earnings outlook for the year, while acknowledging a more uncertain geopolitical and macroeconomic backdrop. President and CEO Alex Alcala said the company’s first-quarter results “exceed[ed] our expectations” and reflected “excellent execution across the company.” Adjusted EPS was $1.65, up 15% year over year, driven by 4% core sales growth and upside from acquisitions. → Pipelines and Automation: 2 Energy Plays Built for Any Oil Price The Nasdaq's Historic Rally Doesn't Mean the Risk Is Gone Executive Vice President and CFO Rich Maue said total sales rose 25% versus the prior-year quarter, including 18% growth from acquisitions. Adjusted operating profit increased 29%, which Maue attributed to higher core sales, acquired business contributions, and “productivity and favorable price net of inflation.” On demand indicators, Maue said total core FX-neutral backlog increased 9% year over year and rose 3% sequentially, led by Process Flow Technologies. Core orders declined 5% year over year due entirely to a difficult comparison in Aerospace & Advanced Technologies, where last year’s first-quarter included several multiyear orders. → Homebuilder Earnings: D.R. Horton Sticks Out as Pulte & NVR Sales Tank 3 Dividend Stocks Defying the Market Downturn Amid the Iran Conflict Alcala highlighted “strong performance” from Druck, Panametrics, Reuter-Stokes, and optek-Danul...

This article first appeared on GuruFocus. Adjusted EPS: $1.65, up 15% over the prior year. Total Sales Growth: Up 25% in the quarter compared to last year. Core Sales Growth: 4% driven by Aerospace & Advanced Technologies. Sales from Acquisitions: Contributed 18% to total sales growth. Adjusted Operating Profit: Increased 29% year-over-year. Core FX-Neutral Backlog: Up 9% compared to the first quarter last year. Core Orders: Down 5% year-over-year. Pro Forma Net Leverage: 1.4x at the end of the quarter. Aerospace & Advanced Technologies Sales: $318 million, up 28% with core sales up 9.4%. Process Flow Technologies Sales: $378 million, up 23% with core sales down 0.6%. Adjusted Segment Margin (Aerospace & Advanced Technologies): 24.6%. Adjusted Segment Margin (Process Flow Technologies): 22.1%. Corporate Expense: $24 million for the quarter. Non-Operating Expense: $15 million for the quarter. Full Year Adjusted EPS Guidance: Raised by $0.10 to a range of $6.65 to $6.85. Warning! GuruFocus has detected 1 Warning Sign with CR. Is CR fairly valued? Test your thesis with our free DCF calculator. Release Date: April 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Crane Co (NYSE:CR) reported a 15% increase in adjusted EPS to $1.65, driven by 4% core sales growth. Recent acquisitions, including Druck, Panametrics, Reuter-Stokes, and optek, performed exceptionally well, contributing significantly to the quarter's upside. The company raised its adjusted full-year outlook by $0.10 to a range of $6.65 to $6.85, reflecting strong performance and confidence in future delivery. Aerospace & Advanced Technologies segment showed strong demand, with core sales up 9.4% and a backlog increase of 14% on a core basis. Crane Co (NYSE:CR) maintains a strong balance sheet with pro forma net leverage at 1.4x, positioning it well for further M&A activities. The external environment remains challenging with evolving geopolitical dynamics and macroeconomic uncertainty. Commercial aftermarket revenue was down 13% as expected, due to unfavorable year-over-year comparisons. Core orders were down 5% year-over-year, driven by an unfavorable comparison within Aerospace and Advanced Technologies. The ongoing conflict in the Middle East could potentially impact the balance of 2026, with some shipment lane disruptions and project delay...

Image source: The Motley Fool. Tuesday, April 28, 2026 at 10:00 a.m. ET President & Chief Executive Officer — Alejandro A. Alcala Executive Vice President & Chief Financial Officer — Richard A. Maue Vice President, Investor Relations — Allison Ann Poliniak-Cusic Senior Vice President, Investor Relations, Treasury and Tax — Jason D. Feldman Need a quote from a Motley Fool analyst? Email [email protected] Allison Ann Poliniak-Cusic: Thank you, operator, and good day, everyone. Welcome to our first quarter 2026 earnings release conference call. I am Allison Ann Poliniak-Cusic, Vice President of Investor Relations. On our call this morning, we have Alejandro A. Alcala, President and Chief Executive Officer, and Richard A. Maue, our Executive Vice President and Chief Financial Officer, along with Jason D. Feldman, Senior Vice President, Investor Relations, Treasury and Tax, who is on for Q&A. We will start off our call with a few prepared remarks from Alejandro A. Alcala and Richard A. Maue, after which we will respond to questions. As a reminder, the comments we make on this call will include forward-looking statements. We refer you to the cautionary language at the bottom of our earnings release and also in our Annual Report on Form 10-Ks and subsequent filings pertaining to forward-looking statements. Also during the call, we will be using some non-GAAP numbers, which are reconciled to the comparable GAAP numbers in tables at the end of our press release and accompanying slide presentation, both of which are available on our website at craneco.com in the Investor Relations section. Now let me turn the call over to Alejandro. Alejandro A. Alcala: Thank you, Allison. Good morning, everyone. I appreciate you joining us today. As I step into the role of CEO, I am energized by the opportunity to lead Crane at a time when strong leadership, disciplined execution, and agility truly matter. Much like this time a year ago, we are operating in an environment that continues to evolve rapidly. Fortunately, our business system, the CBS machine, together with our global team’s relentless focus, resilience, and commitment to execution with a disciplined cadence, continues to differentiate Crane Company. We view periods of uncertainty and market dislocation not as obstacles but as opportunities to elevate our performance. Time and again, Crane has emerged from challenging environme...