Zacks: Analysts Anticipate Crawford & Company (NYSE:CRD.B) Will Post Quarterly Sales of $265.81 Million

Equities research analysts expect that Crawford & Company (NYSE:CRD.B) will announce sales of $265.81 million for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Crawford & Company’s earnings, with the lowest sales estimate coming in at $265.25 million and the highest estimate coming in at $266.43 million. Crawford & Company reported sales of $263.79 million during the same quarter last year, which would suggest a positive year over year growth rate of 0.8%. The business is expected to report its next quarterly earnings report on Monday, February 24th.

According to Zacks, analysts expect that Crawford & Company will report full year sales of $1.02 billion for the current financial year, with estimates ranging from $1.02 billion to $1.03 billion. For the next financial year, analysts forecast that the business will report sales of $1.05 billion, with estimates ranging from $1.04 billion to $1.06 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Crawford & Company.

Several equities research analysts have issued reports on CRD.B shares. Zacks Investment Research cut shares of Crawford & Company from a “hold” rating to a “sell” rating in a research note on Thursday. ValuEngine raised shares of Crawford & Company from a “sell” rating to a “hold” rating in a research note on Monday, September 30th.

NYSE CRD.B traded up $0.01 during trading hours on Thursday, reaching $9.66. The company’s stock had a trading volume of 9,367 shares, compared to its average volume of 27,341. The stock has a market cap of $490.16 million, a PE ratio of 12.23 and a beta of 0.97. Crawford & Company has a fifty-two week low of $8.00 and a fifty-two week high of $10.56. The company’s 50-day moving average is $9.54 and its two-hundred day moving average is $9.19. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.32 and a current ratio of 1.31.

About Crawford & Company

Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses.

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Earnings History and Estimates for Crawford & Company (NYSE:CRD.B)

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