WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Crane NXT, Co. (CXT) on Wednesday reported fourth-quarter profit of $57.6 million.
The Waltham, Massachusetts-based company said it had net income of $1 per share. Earnings, adjusted for one-time gains and costs, came to $1.20 per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.20 per share.
The maker of engineered industrial products posted revenue of $399.1 million in the period.
For the year, the company reported profit of $184.1 million, or $3.19 per share. Revenue was reported as $1.49 billion.
Crane NXT expects full-year earnings in the range of $4 to $4.30 per share.
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