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Crane Company (NYSE:CR)

WEB NEWS

Monday, July 27, 2009

Comments & Business Outlook

Based on lower than previously expected demand in the Merchandising Systems and Fluid Handling businesses, the Company lowered its 2009 sales estimate from $2.4 billion to $2.2 billion, and reduced its earnings per share guidance from $2.01 to $2.31 (which includes an $0.08 per share charge for a previously announced legal settlement) to $1.75 to $2.05.

FULL YEAR 2009 Guidance Ending December ^a

	Full Year 2009 Guidance	Full Year 2008 Reported	Period Change
GAAP Revenue	$2.2 billion	$2.6 billion	-15.4%
GAAP EPS	$1.75 to $2.05	$2.93	-40.3% to 30.0%

Source: See Release, July 27, 2009

^a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

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Monday, January 26, 2009

Comments & Business Outlook

Guidance Report:

2009 Revenue Guidance	* 2009 EPS Guidance	*2008 EPS		Implied EPS Growth Rate
$2.42 billion	$2.26 to $2.56	$2.93		-22.87% to -12.63%

"Our 2009 earnings per share guidance reflects considerable uncertainty about the global economy and the timing and ultimate impact of worldwide fiscal and monetary stimulus packages."

* EPS Figures exclude one time gains and losses (Non-GAAP).

Source: Business Wire (January 26, 2009)

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