$239.41 Million in Sales Expected for Crawford & Company (NYSE:CRD.B) This Quarter
Wall Street brokerages expect Crawford & Company (NYSE:CRD.B) to announce $239.41 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Crawford & Company’s earnings, with estimates ranging from $234.69 million to $244.01 million. Crawford & Company reported sales of $254.68 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 6%. The business is scheduled to report its next earnings results on Monday, November 2nd.
On average, analysts expect that Crawford & Company will report full-year sales of $952.45 million for the current financial year, with estimates ranging from $942.12 million to $963.14 million. For the next fiscal year, analysts expect that the firm will report sales of $975.84 million, with estimates ranging from $965.57 million to $990.60 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover Crawford & Company.
Crawford & Company (NYSE:CRD.B) last released its earnings results on Monday, August 3rd. The business services provider reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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%.
Shares of CRD.B opened at $6.59 on Wednesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.38 and a quick ratio of 1.38. Crawford & Company has a 1 year low of $4.95 and a 1 year high of $10.79. The company has a 50 day simple moving average of $6.94 and a two-hundred day simple moving average of $6.69. The firm has a market cap of $350.26 million, a P/E ratio of -82.36 and a beta of 0.88.
About Crawford & Company
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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