Analysts Anticipate Crawford & Company (NYSE:CRD.B) to Announce $0.14 Earnings Per Share

Equities analysts predict that Crawford & Company (NYSE:CRD.B) will announce earnings of $0.14 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Crawford & Company’s earnings, with the highest EPS estimate coming in at $0.16 and the lowest estimate coming in at $0.12. Crawford & Company reported earnings of $0.21 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 33.3%. The business is scheduled to issue its next quarterly earnings results on Monday, November 2nd.

According to Zacks, analysts expect that Crawford & Company will report full year earnings of $0.48 per share for the current year, with EPS estimates ranging from $0.45 to $0.50. For the next year, analysts expect that the firm will report earnings of $0.59 per share, with EPS estimates ranging from $0.56 to $0.60. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Crawford & Company.

Crawford & Company (NYSE:CRD.B) last posted its quarterly earnings results on Monday, August 3rd. The business services provider reported $0.16 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.07. The company had revenue of $234.42 million during the quarter, compared to analyst estimates of $236.17 million. Crawford & Company had a negative net margin of 0.17% and a positive return on equity of 19.15%.

Several equities analysts have issued reports on CRD.B shares. TheStreet upgraded shares of Crawford & Company from a “d+” rating to a “c-” rating in a research note on Friday, August 14th. Zacks Investment Research cut shares of Crawford & Company from a “buy” rating to a “hold” rating in a research note on Wednesday, August 12th.

Shares of NYSE:CRD.B traded down $0.07 during midday trading on Friday, reaching $6.58. The company’s stock had a trading volume of 7,198 shares, compared to its average volume of 9,532. Crawford & Company has a 12-month low of $4.95 and a 12-month high of $10.79. The firm has a 50 day moving average of $7.32 and a 200-day moving average of $6.68. The firm has a market capitalization of $349.73 million, a P/E ratio of -82.24 and a beta of 0.89. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 1.04.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 18th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend was Monday, August 17th. This is a boost from Crawford & Company’s previous quarterly dividend of $0.03. Crawford & Company’s dividend payout ratio is 24.62%.

Crawford & Company Company Profile

Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses.

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Earnings History and Estimates for Crawford & Company (NYSE:CRD.B)

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