Zacks: Analysts Expect Crawford & Company (CRD.B) Will Post Quarterly Sales of $282.79 Million
Wall Street brokerages expect that Crawford & Company (NYSE:CRD.B) will report $282.79 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Crawford &’s earnings. The lowest sales estimate is $274.07 million and the highest is $290.08 million. Crawford & reported sales of $277.29 million during the same quarter last year, which indicates a positive year over year growth rate of 2%. The business is expected to announce its next earnings report on Monday, November 6th.
On average, analysts expect that Crawford & will report full year sales of $282.79 million for the current fiscal year, with estimates ranging from $1.08 billion to $1.14 billion. For the next financial year, analysts forecast that the business will report sales of $1.14 billion per share, with estimates ranging from $1.11 billion to $1.19 billion. Zacks’ sales averages are an average based on a survey of research analysts that follow Crawford &.
A number of analysts recently weighed in on CRD.B shares. Zacks Investment Research downgraded shares of Crawford & from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. ValuEngine upgraded shares of Crawford & from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Finally, TheStreet upgraded shares of Crawford & from a “c+” rating to a “b” rating in a research report on Thursday, August 24th.
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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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