$277.31 Million in Sales Expected for Crawford & Company (CRD.B) This Quarter

Wall Street brokerages expect that Crawford & Company (NYSE:CRD.B) will announce $277.31 million in sales for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Crawford & Company’s earnings, with the highest sales estimate coming in at $281.33 million and the lowest estimate coming in at $272.33 million. Crawford & Company posted sales of $272.42 million in the same quarter last year, which indicates a positive year over year growth rate of 1.8%. The company is expected to report its next earnings report on Monday, February 26th.

According to Zacks, analysts expect that Crawford & Company will report full-year sales of $277.31 million for the current year, with estimates ranging from $1.08 billion to $1.09 billion. For the next year, analysts forecast that the company will post sales of $1.11 billion per share, with estimates ranging from $1.11 billion to $1.12 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow Crawford & Company.

CRD.B has been the topic of several analyst reports. Zacks Investment Research downgraded Crawford & Company from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. ValuEngine upgraded Crawford & Company from a “hold” rating to a “buy” rating in a report on Friday, December 1st.

Crawford & Company (NYSE:CRD.B) opened at $9.24 on Thursday. Crawford & Company has a twelve month low of $8.22 and a twelve month high of $12.58. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $491.04, a P/E ratio of 14.00 and a beta of 1.75.

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About Crawford & Company

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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