Crawford & Company Stock Price, News & Analysis

Crawford & Company (NYSE: CRD-A, CRD-B) will release its third quarter earnings for the period ending September 30, 2022, on November 8, 2022, at 4:15 p.m. Eastern time. A conference call to discuss the earnings and developments will occur on November 9, 2022, at 8:30 a.m. Eastern time. Investors can listen to the call by calling 1-888-396-8049 (Conference ID: 62792241) or via webcast on the company's investor website. The financial information will be available on the same website shortly after the release.

Crawford & Company (NYSE: CRD-A, CRD-B) has announced the election of Cameron Bready as an independent director, effective September 13, 2022. Bready brings over 25 years of experience in public company operations, and his previous roles included President and COO of Global Payments and CFO of ITC Holdings Corp.. His expertise in finance and international business is expected to enhance the board's capabilities, offering insightful perspectives on managing global operations.

Crawford & Company (NYSE: CRD-A, CRD-B) reported a 10% increase in revenues for Q2 2022, totaling $293.3 million, up from $267.5 million in Q2 2021. However, net income dropped to $5.8 million, down from $11.8 million year-over-year. Diluted EPS was $0.12, compared to $0.22 in the same quarter last year. Non-GAAP adjusted EBITDA fell to $21.8 million, down from $29 million. The company emphasized continued revenue growth across its segments but faced challenges in converting this growth into operating earnings.

On July 29, 2022, Crawford & Company declared a quarterly dividend of $0.06 per share for both the Class A (CRD-A) and Class B (CRD-B) Common Stock. This dividend is payable on September 2, 2022, to shareholders recorded by the close of business on August 18, 2022. The firm operates globally in claims management and outsourcing, providing services across more than 70 countries. The Class A stock typically receives higher dividends compared to Class B due to its non-voting status.

Crawford & Company (NYSE: CRD-A, CRD-B) announced that CEO Rohit Verma and CFO Bruce Swain will present at the Sidoti Summer Small Cap Virtual Conference on June 16 at 1:00 p.m. ET. The presentation can be accessed via a live webcast, with replays and materials available on their investor website for about 90 days post-event. Crawford, headquartered in Atlanta, is the largest publicly listed independent provider of claims management and outsourcing solutions, operating in over 70 countries.

Crawford & Company (NYSE: CRD-A, CRD-B) has published its inaugural Global Citizenship Report for 2021, titled 'Stronger Together'. The report outlines the company's commitment to corporate responsibility, focusing on environmental impact, integrity, and diversity. Celebrating 80 years in operation, Crawford highlights various initiatives aimed at enhancing social impact and increasing transparency regarding its corporate goals. CEO Rohit Verma emphasized the importance of responsible citizenship, while President Joseph Blanco expressed pride in the company's global achievements and future commitments.

On May 13, 2022, Crawford & Company declared a quarterly dividend of $0.06 per share for both Class A (CRD-A) and Class B (CRD-B) Common Stocks. This dividend is payable on June 10, 2022, to shareholders on record as of May 27, 2022. The company, based in Atlanta, is a leading independent provider of claims management services, operating in over 70 countries. The two classes of stock possess similar attributes but differ in voting rights and dividend payments.

Crawford & Company (NYSE: CRD-A and CRD-B) reported a 10% increase in revenues for Q1 2022, totaling $279.0 million, compared to $253.2 million in Q1 2021. However, net income attributable to shareholders fell to $5.1 million, down from $6.1 million in the previous year, leading to a diluted EPS of $0.10. Non-GAAP results showed adjusted net income of $7.9 million and a diluted EPS of $0.15. Operating earnings were steady at $13.1 million, but the operating margin decreased from 5.1% to 4.7%. The firm repurchased around 2.2 million shares, reflecting confidence in the business.

Crawford & Company (NYSE: CRD-A and CRD-B) will release its first-quarter earnings for the period ending March 31, 2022, on May 9, 2022, at 4:15 p.m. ET. A conference call to discuss the results is set for May 10, 2022, at 8:30 a.m. ET, accessible via audio and a slide presentation through their investor website. Crawford is the largest independent claims management provider globally, with a presence in over 70 countries. This earnings call will provide insights into the company’s financial performance and strategic developments.