Crawford & Company (NYSE:CRD.B) Releases Earnings Results, Misses Expectations By $0.04 EPS

Crawford & Company (NYSE:CRD.B) issued its quarterly earnings data on Monday. The business services provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04), Zacks reports. Crawford & Company had a net margin of 1.50% and a return on equity of 26.21%.

Crawford & Company Price Performance

Shares of CRD.B traded up $0.16 during trading hours on Monday, reaching $9.76. 9,337 shares of the stock traded hands, compared to its average volume of 18,918. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.88. Crawford & Company has a 52-week low of $8.76 and a 52-week high of $11.68. The company’s 50-day moving average price is $10.06 and its two-hundred day moving average price is $10.31. The company has a market cap of $474.90 million, a P/E ratio of 25.02 and a beta of 0.62.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Crawford & Company from a “hold” rating to a “strong sell” rating in a research report on Monday, March 9th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Crawford & Company presently has an average rating of “Sell”.

About Crawford & Company

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.