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Crane's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Crane Co. ( CR)

Q4 2011 Earnings Call

January 24, 2012; 10:00 am ET


Eric Fast - President & Chief Executive Officer

Andrew Krawitt - Principal Financial Officer

Richard Maue - Principal Accounting Officer

Richard Koch - Director of Investor Relations


Deane Dray - Citigroup

Ajay Kejriwal - FBR Capital Markets & Co.

Robert Barry - UBS

Matt Summerville - Keybanc Capital Markets

Jeff Sprague - Vertical Research



Good day everyone and welcome to Crane’s fourth quarter 2011 earnings conference call. Today’s call is being recorded.

At this time I would like to turn the call over to Director of Investor Relations, Mr. Richard Koch. Please go ahead sir.

Richard Koch

Thank you operator. Good morning everyone. Welcome to Crane’s fourth quarter 2011 earnings release conference call. I am Dick Koch, Director of Investor Relations. On our call this morning we have Eric Fast, our President and CEO; and Andrew Krawitt, our Principal Financial Officer; and Richard Maue, our Principal Accounting Officer.

We will start off our call with a few prepared remarks, after which we will respond to questions.

Just a reminder, the comments we make on this call may include some forward-looking statements. We refer you to the cautionary language at the bottom of our earnings release and also in our Annual Report, 10-K and subsequent filings pertaining to forward-looking statements.

Also during the call we will be using some non-GAAP numbers, which are reconciled to the comparable GAAP numbers in the table at the end of your press release, which is available on our website at in the Investor Relations section.

Before turning the microphone to Eric, I would like to invite you to attend our Annual Investor Day on Thursday, February 16, in New York City. Please let us know if you wish to attend.

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