Brief: Crawford & Co Q2 Net Income USD 7.8 Million

Crawford & Co

04/08/2025 21:15

Overview

Crawford & Co Q2 revenue grows 3% yr/yr to $323 mln

Net income for Q2 declines 9% yr/yr to $7.8 mln

Co raises quarterly dividend to $0.075, reflecting margin confidence

Outlook

Crawford expects to benefit from severe weather activity in H2 2025

Company highlights strong balance sheet and liquidity for future growth

Company does not provide specific numerical guidance for future quarters

Result Drivers

REVENUE GROWTH - 3% increase in qtr revenue before reimbursements to $323 mln, driven by growth in three of four operating segments, per CEO Rohit Verma

LOWER CLAIMS FREQUENCY - Revenue pressure on North America Loss Adjusting and Platform Solutions due to lower claims frequency in U.S. property, according to CEO Rohit Verma

INTERNATIONAL GROWTH - International Operations revenues rose 6.6% to $109.1 mln, driven by growth in the U.K., Europe, and Asia

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.16
Q2 Net Income
$7.80 mln


Analyst Coverage

Wall Street's median 12-month price target for Crawford & Co is $12.00, about 22.1% above its August 1 closing price of $9.35

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw3qNgSLa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)