Crawford & Company (NYSE:CRD.B) Announces Quarterly Earnings Results, Misses Estimates By $0.08 EPS

Crawford & Company (NYSE:CRD.BGet Free Report) announced its earnings results on Monday. The business services provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.08), Zacks reports. The firm had revenue of $308.52 million during the quarter, compared to the consensus estimate of $332.41 million. Crawford & Company had a return on equity of 28.00% and a net margin of 2.42%.

Crawford & Company Price Performance

NYSE CRD.B opened at $10.32 on Tuesday. The stock has a 50-day simple moving average of $10.50 and a 200 day simple moving average of $10.38. Crawford & Company has a twelve month low of $8.76 and a twelve month high of $12.13. The stock has a market capitalization of $507.75 million, a PE ratio of 15.87 and a beta of 0.71. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.36 and a current ratio of 1.36.

Insider Buying and Selling

In other Crawford & Company news, CEO Rohit Verma sold 125,414 shares of Crawford & Company stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $11.00, for a total value of $1,379,554.00. Following the transaction, the chief executive officer directly owned 205,084 shares of the company’s stock, valued at $2,255,924. The trade was a 37.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 51.04% of the stock is currently owned by corporate insiders.

About Crawford & Company

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Crawford & Company (NYSE: CRD.B) is an independent provider of claims management and risk solutions to insurance carriers and self-insured entities worldwide. The company’s services span property and casualty claims adjusting, third-party administration, managed repair, catastrophe response, and risk consulting. Through its network of professionals, Crawford & Company assists clients in streamlining claims processes, controlling costs, and improving customer satisfaction across diverse lines of business.

Founded in 1941 by James O.

Further Reading

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

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