$273.22 Million in Sales Expected for Crawford & Company (CRD.B) This Quarter
Brokerages expect Crawford & Company (NYSE:CRD.B) to report $273.22 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Crawford & Company’s earnings. The highest sales estimate is $274.67 million and the lowest is $271.48 million. Crawford & Company posted sales of $267.27 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 2.2%. The company is scheduled to announce its next quarterly earnings results on Monday, May 14th.
According to Zacks, analysts expect that Crawford & Company will report full-year sales of $273.22 million for the current fiscal year, with estimates ranging from $1.10 billion to $1.14 billion. For the next fiscal year, analysts forecast that the company will post sales of $1.13 billion per share, with estimates ranging from $1.12 billion to $1.14 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that cover Crawford & Company.
Crawford & Company (NYSE:CRD.B) last announced its quarterly earnings results on Wednesday, March 7th. The business services provider reported $0.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.10. Crawford & Company had a net margin of 2.38% and a return on equity of 28.75%. The company had revenue of $298.77 million during the quarter, compared to the consensus estimate of $275.30 million.
Shares of Crawford & Company (NYSE CRD.B) traded up $0.17 during mid-day trading on Tuesday, reaching $8.37. 65,090 shares of the company traded hands, compared to its average volume of 24,087. Crawford & Company has a 52 week low of $8.12 and a 52 week high of $12.40. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $475.13, a PE ratio of 9.68 and a beta of 1.75.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Stockholders of record on Monday, February 26th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.39%. The ex-dividend date was Friday, February 23rd. Crawford & Company’s payout ratio is 45.46%.
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Crawford & Company Company Profile
Crawford & Company (Crawford) is an independent provider of claims management solutions to insurance and self-insured entities. The Company’s Crawford Solution offers claims services, business process outsourcing and consulting services for various product lines, including property and casualty claims management; workers’ compensation claims and medical management, and legal settlement administration.
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