Brokerages Anticipate Crawford & Company (CRD.B) to Post $0.24 EPS
Shares of Crawford & Company (NYSE:CRD.B) have been given an average broker rating score of 1.33 (Strong Buy) from the three brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy rating and two have assigned a strong buy rating to the company.
Brokerages have set a one year consensus price target of $10.50 for the company and are expecting that the company will post $0.24 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Crawford & Company an industry rank of 98 out of 256 based on the ratings given to its competitors.
Several research analysts have recently issued reports on the company. ValuEngine upgraded Crawford & Company from a “sell” rating to a “hold” rating in a research note on Tuesday, November 6th. Zacks Investment Research lowered Crawford & Company from a “hold” rating to a “sell” rating in a research note on Thursday, November 8th.
Crawford & Company (NYSE:CRD.B) last announced its earnings results on Monday, November 5th. The business services provider reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.03). The business had revenue of $255.03 million for the quarter, compared to the consensus estimate of $265.70 million. Crawford & Company had a net margin of 1.03% and a return on equity of 23.46%. Equities analysts expect that Crawford & Company will post 0.72 earnings per share for the current year.
Crawford & Company Company Profile
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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