Zacks: Analysts Anticipate Crawford & Company (CRD.B) to Post $0.16 Earnings Per Share

Equities research analysts expect Crawford & Company (NYSE:CRD.B) to report earnings of $0.16 per share for the current quarter, Zacks reports. Three analysts have provided estimates for Crawford & Company’s earnings, with the highest EPS estimate coming in at $0.19 and the lowest estimate coming in at $0.14. Crawford & Company posted earnings per share of $0.13 during the same quarter last year, which would suggest a positive year-over-year growth rate of 23.1%. The company is scheduled to issue its next quarterly earnings report on Thursday, May 10th.

According to Zacks, analysts expect that Crawford & Company will report full year earnings of $0.80 per share for the current financial year, with EPS estimates ranging from $0.80 to $0.81. For the next year, analysts anticipate that the firm will report earnings of $0.95 per share, with EPS estimates ranging from $0.90 to $1.00. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that cover Crawford & Company.

Crawford & Company (NYSE:CRD.B) last released its quarterly earnings results on Wednesday, March 7th. The business services provider reported $0.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.10. Crawford & Company had a return on equity of 28.75% and a net margin of 2.38%. The company had revenue of $298.77 million for the quarter, compared to analyst estimates of $275.30 million.

A number of analysts have weighed in on CRD.B shares. ValuEngine lowered Crawford & Company from a “buy” rating to a “hold” rating in a research note on Saturday, March 10th. Zacks Investment Research upgraded Crawford & Company from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a research note on Wednesday, January 24th. William Blair reiterated an “outperform” rating on shares of Crawford & Company in a research note on Monday, March 12th. Finally, TheStreet lowered Crawford & Company from a “b-” rating to a “c” rating in a research note on Thursday, April 5th.

CRD.B stock opened at $8.30 on Tuesday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.44 and a current ratio of 1.44. Crawford & Company has a twelve month low of $8.30 and a twelve month high of $8.30. The firm has a market capitalization of $467.32 million, a price-to-earnings ratio of 9.52 and a beta of 1.86.

Crawford & Company Company Profile

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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