Crawford & Company (NYSE:CRD.B) Releases Earnings Results, Misses Estimates By $0.04 EPS

Crawford & Company (NYSE:CRD.B) released its earnings results on Monday. The business services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04), Zacks reports. Crawford & Company had a net margin of 1.50% and a return on equity of 26.21%.

Crawford & Company Price Performance

CRD.B stock traded up $0.16 during mid-day trading on Monday, hitting $9.76. The company had a trading volume of 9,337 shares, compared to its average volume of 18,918. The company has a market capitalization of $474.90 million, a price-to-earnings ratio of 25.02 and a beta of 0.62. Crawford & Company has a 12-month low of $8.76 and a 12-month high of $11.68. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.88. The company has a 50-day moving average price of $10.06 and a 200 day moving average price of $10.31.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Crawford & Company from a “hold” rating to a “strong sell” rating in a research note on Monday, March 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

About Crawford & Company

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.