Analysts Expect Crawford & Company (NYSE:CRD.B) Will Post Quarterly Sales of $265.81 Million
Wall Street analysts forecast that Crawford & Company (NYSE:CRD.B) will announce sales of $265.81 million for the current quarter, Zacks reports. Three analysts have issued estimates for Crawford & Company’s earnings, with the highest sales estimate coming in at $266.43 million and the lowest estimate coming in at $265.25 million. Crawford & Company reported sales of $263.79 million in the same quarter last year, which indicates a positive year over year growth rate of 0.8%. The company is expected to issue its next earnings results on Monday, February 24th.
On average, analysts expect that Crawford & Company will report full-year sales of $1.02 billion for the current fiscal year, with estimates ranging from $1.02 billion to $1.03 billion. For the next fiscal year, analysts anticipate that the business will post sales of $1.05 billion, with estimates ranging from $1.04 billion to $1.06 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Crawford & Company.
Crawford & Company (NYSE:CRD.B) last issued its earnings results on Monday, November 4th. The business services provider reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. Crawford & Company had a return on equity of 28.60% and a net margin of 2.98%. The company had revenue of $254.68 million during the quarter, compared to analyst estimates of $258.48 million.
Shares of CRD.B stock traded down $0.08 on Friday, hitting $10.01. 3 shares of the stock traded hands, compared to its average volume of 8,809. The company’s fifty day moving average is $9.68 and its 200 day moving average is $9.33. Crawford & Company has a 1-year low of $8.00 and a 1-year high of $10.79. The company has a market capitalization of $537.06 million, a PE ratio of 12.66 and a beta of 1.02. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.31 and a quick ratio of 1.31.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Tuesday, November 19th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Monday, November 18th. Crawford & Company’s dividend payout ratio (DPR) is 25.32%.
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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