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.
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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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