Crawford & Company (CRD.B) Expected to Announce Quarterly Sales of $277.31 Million

Equities analysts expect Crawford & Company (NYSE:CRD.B) to post sales of $277.31 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Crawford & Company’s earnings, with estimates ranging from $272.33 million to $281.33 million. Crawford & Company reported sales of $272.42 million in the same quarter last year, which would suggest a positive year over year growth rate of 1.8%. The company is scheduled to report its next earnings report on Monday, February 26th.

According to Zacks, analysts expect that Crawford & Company will report full year sales of $277.31 million for the current year, with estimates ranging from $1.08 billion to $1.09 billion. For the next year, analysts expect that the business will post sales of $1.11 billion per share, with estimates ranging from $1.11 billion to $1.12 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 quarterly earnings data on Monday, November 6th. The business services provider reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. Crawford & Company had a net margin of 3.27% and a return on equity of 25.66%. The firm had revenue of $270.55 million for the quarter, compared to analyst estimates of $276.46 million.

CRD.B has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Crawford & Company from a “sell” rating to a “hold” rating in a report on Tuesday, October 10th. ValuEngine lowered shares of Crawford & Company from a “buy” rating to a “hold” rating in a report on Monday, November 6th.

Crawford & Company (CRD.B) opened at $9.11 on Friday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.28. Crawford & Company has a fifty-two week low of $8.22 and a fifty-two week high of $12.40. The company has a market cap of $487.61, a P/E ratio of 13.80 and a beta of 1.75.

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About Crawford & Company

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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