Crawford & Company (CRD.B) Expected to Post Quarterly Sales of $279.98 Million

Wall Street brokerages expect Crawford & Company (NYSE:CRD.B) to report sales of $279.98 million for the current quarter, Zacks reports. Three analysts have made estimates for Crawford & Company’s earnings, with the highest sales estimate coming in at $305.68 million and the lowest estimate coming in at $265.54 million. Crawford & Company reported sales of $298.77 million in the same quarter last year, which indicates a negative year over year growth rate of 6.3%. The company is scheduled to announce its next earnings results on Wednesday, March 6th.

According to Zacks, analysts expect that Crawford & Company will report full-year sales of $1.09 billion for the current fiscal year, with estimates ranging from $1.07 billion to $1.11 billion. For the next fiscal year, analysts expect that the company will report sales of $1.11 billion, with estimates ranging from $1.08 billion to $1.14 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Crawford & Company.

CRD.B has been the topic of a number of analyst reports. ValuEngine upgraded Crawford & Company from a “sell” rating to a “hold” rating in a research note on Tuesday, November 6th. Zacks Investment Research raised Crawford & Company from a “sell” rating to a “hold” rating in a report on Tuesday, November 20th.

Shares of NYSE:CRD.B traded up $0.10 during trading on Wednesday, hitting $9.79. 4,869 shares of the company’s stock traded hands, compared to its average volume of 12,352. The stock has a market capitalization of $534.23 million, a PE ratio of 11.25 and a beta of 0.99. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.38 and a quick ratio of 1.38. Crawford & Company has a 52 week low of $7.54 and a 52 week high of $10.34.

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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