Crawford & Company (CRD.B) Issues Quarterly Earnings Results
Crawford & Company (NYSE:CRD.B) released its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.05, Morningstar.com reports. Crawford & had a net margin of 3.17% and a return on equity of 26.83%.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Thursday, August 24th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $0.20 annualized dividend and a dividend yield of Infinity. Crawford &’s payout ratio is 33.33%.
A number of research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Crawford & from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. ValuEngine downgraded shares of Crawford & from a “buy” rating to a “hold” rating in a report on Friday, July 7th.
About Crawford &
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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