Crawford & Company (NYSE:CRD.B) Expected to Announce Quarterly Sales of $265.81 Million

Share on StockTwits

Brokerages predict that Crawford & Company (NYSE:CRD.B) will announce $265.81 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Crawford & Company’s earnings, with the highest sales estimate coming in at $266.43 million and the lowest estimate coming in at $265.25 million. Crawford & Company posted sales of $263.79 million in the same quarter last year, which would suggest a positive year over year growth rate of 0.8%. The company is expected to announce its next earnings results 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 expect that the business will post sales of $1.05 billion, with estimates ranging from $1.04 billion to $1.06 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Crawford & Company.

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

Shares of CRD.B traded up $0.01 on Thursday, hitting $9.66. 9,367 shares of the stock traded hands, compared to its average volume of 27,341. The company has a quick ratio of 1.32, a current ratio of 1.31 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $490.16 million, a P/E ratio of 12.23 and a beta of 0.97. The stock’s 50 day moving average is $9.54 and its two-hundred day moving average is $9.19. Crawford & Company has a 1 year low of $8.00 and a 1 year high of $10.56.

Crawford & Company Company Profile

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.

Recommended Story: What are gap-down stocks?

Get a free copy of the Zacks research report on Crawford & Company (CRD.B)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Crawford & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crawford & Company and related companies with MarketBeat.com's FREE daily email newsletter.