Crane NXT Reports Q4 Profit in Line with Estimates

WALTHAM, Mass. (AP) - Crane NXT, Co. (CXT) posted a fourth-quarter profit of $57.6 million, translating to $1.00 per share. Adjusted earnings reached $1.20 per share, meeting analysts' expectations.

Revenue for the quarter totaled $399.1 million. For the full year, the company reported profit of $184.1 million ($3.19 per share) and revenue of $1.49 billion.

Crane NXT projects full-year earnings in the range of $4 to $4.30 per share.