Crawford & Company Common Stock Q4 2023 Adj EPS $0.070 Misses $0.200 Estimate, Sales $296.121M Miss $317.479M Estimate
Portfolio Pulse from Benzinga Newsdesk
Crawford & Company (CRD) reported Q4 2023 adjusted EPS of $0.070, missing the $0.200 estimate, and sales of $296.121M, missing the $317.479M estimate. This represents an 8.09% decrease in sales compared to the same period last year.
March 04, 2024 | 10:30 pm
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NEGATIVE IMPACT
Crawford & Company reported a significant miss in both EPS and sales for Q4 2023, with an 8.09% decrease in sales year-over-year.
The significant miss in both EPS and sales expectations, coupled with a notable decrease in sales compared to the previous year, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100