Crawford & Company Common Stock Q3 Adj EPS $0.36 Beats $0.26 Estimate, Sales $325.59M Miss $331.10M Estimate
Portfolio Pulse from bharat@benzinga.com
Crawford & Company Common Stock (NYSE:CRD) reported Q3 earnings of $0.36 per share, beating the analyst consensus estimate of $0.26 by 38.46%. This is a 125% increase from the same period last year. However, the company's quarterly sales of $325.59 million missed the analyst consensus estimate of $331.10 million by 1.66%, though it's a 10.40% increase from last year.
November 06, 2023 | 9:51 pm
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NEUTRAL IMPACT
Crawford & Company's Q3 earnings beat estimates, but sales missed the mark. This mixed result could lead to uncertain short-term price movements.
Crawford & Company's earnings beat estimates, which is a positive signal for investors and could drive the stock price up. However, the missed sales estimate could counteract this effect, leading to uncertainty in the short-term price direction.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100