Industrial conglomerate Crane Company (NYSE:CR) will be reporting earnings tomorrow after market close. Here’s what you need to know.

Crane Company beat analysts’ revenue expectations by 2.3% last quarter, reporting revenues of $581.2 million, up 14.1% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ organic revenue and EBITDA estimates.

Is Crane Company a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Crane Company’s revenue to grow 12.1% year on year to $594.5 million, improving from the 10.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.32 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Crane Company has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Crane Company’s peers in the general industrial machinery segment, some have already reported their Q3 results, giving us a hint as to what we can expect. John Bean delivered year-on-year revenue growth of 12.4%, beating analysts’ expectations by 2.6%, and 3M reported a revenue decline of 3.2%, in line with consensus estimates. John Bean traded up 17.8% following the results while 3M was down 5.2%.

Read our full analysis of John Bean’s results here and 3M’s results here.

Investors in the general industrial machinery segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Crane Company is down 5.8% during the same time and is heading into earnings with an average analyst price target of $167.50 (compared to the current share price of $149.06).

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