Overview
Crawford United Q3 sales rose 28.4% yr/yr to $47.2 mln
Net income for Q3 increased 60.4% to $5.4 mln
EPS for Q3 was $1.52, reflecting strong performance
Result Drivers
SALES GROWTH - Sales increased 28.4% to $47.2 mln, driven by strong demand across business segments
RECORD NET INCOME - Net income reached a record $5.4 mln, up 60.4% from the prior year, attributed to effective business model
STRATEGIC POSITIONING - Co cites strategic positioning and readiness for acquisitions as key factors in achieving record results
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
$47.20 mln
Q3 EPS
$1.52
Q3 Net Income
$5.40 mln
Q3 EBITDA
$9.10 mln
Q3 Operating Income
$7 mln
Analyst Coverage
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 26 three months ago
Press Release: ID:nGNX37X4Zx
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(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.)