Crawford & Company B: Q2 Earnings Snapshot

Published 4:30 pm Monday, August 5, 2024

PEACHTREE CORNERS, Ga. (AP) — PEACHTREE CORNERS, Ga. (AP) — Crawford & Company B (CRD.B) on Monday reported second-quarter net income of $8.6 million.

The Peachtree Corners, Georgia-based company said it had net income of 17 cents per share. Earnings, adjusted for non-recurring costs, were 25 cents per share.

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The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The company posted revenue of $326.9 million in the period. Its adjusted revenue was $314.2 million, missing Street forecasts. Three analysts surveyed by Zacks expected $328.3 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRD.B at https://www.zacks.com/ap/CRD.B