Crane (NYSE:CR) will report earnings after the market closes. Last quarter, Crane beat revenue expectations by 1.5%, with revenues of $557.6 million, up 9.3% year on year. Analysts expect revenue to grow 7.9% to $570.4 million this quarter, with adjusted earnings of $1.33 per share. Crane’s peers in industrial machinery have seen mixed results, with GE Aerospace reporting 21.2% revenue growth and Honeywell reporting an 8.1% increase. Investor sentiment in the segment is positive, with share prices up 6.7% on average. Crane is up 1.6% with an average analyst price target of $197.50.

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Read more at Barchart: Crane (CR) Q2 Earnings Report Preview: What To Look For