Crawford & Company (NYSE:CRD.B) Issues Quarterly Earnings Results

Crawford & Company (NYSE:CRD.BGet Free Report) posted its quarterly earnings results on Monday. The business services provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.08), Zacks reports. Crawford & Company had a return on equity of 28.00% and a net margin of 2.42%.The company had revenue of $308.52 million for the quarter, compared to analysts’ expectations of $332.41 million.

Crawford & Company Price Performance

CRD.B opened at $9.67 on Tuesday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.06. The firm has a market cap of $475.91 million, a price-to-earnings ratio of 14.95 and a beta of 0.71. The stock’s 50-day moving average price is $10.50 and its 200 day moving average price is $10.38. Crawford & Company has a 12-month low of $8.76 and a 12-month high of $12.13.

Insider Buying and Selling

In other Crawford & Company news, CEO Rohit Verma sold 125,414 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $11.00, for a total value of $1,379,554.00. Following the completion of the transaction, the chief executive officer owned 205,084 shares of the company’s stock, valued at $2,255,924. This trade represents a 37.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 51.04% of the stock is owned by corporate insiders.

About Crawford & Company

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Crawford & Company (NYSE: CRD.B) is an independent provider of claims management and risk solutions to insurance carriers and self-insured entities worldwide. The company’s services span property and casualty claims adjusting, third-party administration, managed repair, catastrophe response, and risk consulting. Through its network of professionals, Crawford & Company assists clients in streamlining claims processes, controlling costs, and improving customer satisfaction across diverse lines of business.

Founded in 1941 by James O.

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

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