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Crane Co reaffirms FY 2014 guidance


Monday, 28 Apr 2014 06:15pm EDT 

Crane Co:Reaffirms its FY 2014 guidance which was initially provided on Jan. 27.Expects FY 2014 sales to be $3.0 billion, driven by a core sales increase of 1 pct to 3 pct, and a 14 pct contribution from the MEI acquisition.Expects FY 2014 earnings guidance is a range of $4.55 - $4.75 per diluted share.Expects FY 2014 earnings guidance on a GAAP basis is a range of $4.28 - $4.48 per diluted share.FY 2014 revenue of $3.0 billion and EPS of $4.70 - Thomson Reuters I/B/E/S. 

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