Crane Company (CR) recently raised the bottom end of its full-year earnings guidance. The company has surprised on estimates 4 quarters in a row by an average of 24.22%. Crane is trading with a forward P/E of 14.42.

Company Description

Crane, which was founded in 1855, is a diversified manufacturer with 5 business segments and employees in 25 countries.

The segments include: Aerospace & Electronics which designs aircraft components including landing systems and electronics for military, medical and commercial applications including on Mars Rovers and fighter jets; Engineered Materials such as composites; Merchandising Systems like vending machines; Fluid Control Systems; and Controls.

Crane Surprised by 25% in the Third Quarter

On Oct 26, Crane reported third quarter results which easily beat the Zacks Consensus Estimate by 12 cents per share. Earnings per share were 60 cents compared to the Zacks Consensus of 48 cents. EPS was also 60

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CIRCOR is seeing big profits in the worldwide valve business as revenues jumped 25% in the second quarter. The company has surprised on earnings 3 out of the last 4 quarters by an average of 4.25%. CIRCOR's forward P/E is 12.78.

Company Description

CIRCOR International, Inc. (CIR) manufactures valves and related products for fluid-control systems. The company operates several manufacturing facilities in the United States, Canada, Europe and the PeopleÂ’s Republic of China.

Its customers include a large variety of industries across all aspects of the global economy including general industrial, food processing, aerospace, marine, compressed natural gas, oil and natural gas exploration, petrochemicals, semiconductors and textiles.

The company, a Zacks #1 Rank (Strong Buy), has two segments: Instrumentation and Thermal Fluid Controls Products Group and Energy Products Group.

The Instrumentation Group manufactures valves, fittings and controls for hydraulic, pneumatic, cryogenic and steam applications. The Energy Group

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The title says it all. Global economy is on the rise with never-before-seen demand for natural resources and their applications.