Zacks: Analysts Expect Crawford & Company (CRD.B) Will Post Quarterly Sales of $275.30 Million
Equities research analysts expect that Crawford & Company (NYSE:CRD.B) will announce sales of $275.30 million for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Crawford & Company’s earnings. The lowest sales estimate is $272.33 million and the highest is $278.28 million. Crawford & Company reported sales of $272.42 million during the same quarter last year, which indicates a positive year over year growth rate of 1.1%. The company is scheduled to report its next earnings report on Monday, February 26th.
On average, analysts expect that Crawford & Company will report full-year sales of $275.30 million for the current year, with estimates ranging from $1.08 billion to $1.09 billion. For the next year, analysts forecast that the firm will report sales of $1.11 billion per share, with estimates ranging from $1.11 billion to $1.12 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Crawford & Company.
Several equities analysts have recently issued reports on CRD.B shares. ValuEngine downgraded shares of Crawford & Company from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded shares of Crawford & Company from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a report on Wednesday, January 24th.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Monday, February 26th will be issued a dividend of $0.05 per share. The ex-dividend date is Friday, February 23rd. This represents a $0.20 annualized dividend and a dividend yield of 2.00%. Crawford & Company’s dividend payout ratio (DPR) is currently 30.30%.
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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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