Crawford And Co (CRDA) Earnings Report, Financial Results, Financial analysis

Crawford and Co reported in the first quarter of 2023 net earnings per share of $0.22 an increase by 324.76 % year on year from $0.05 and an improvement compare to net loss per share of $-0.38 realized in previous quarter.

*first quarter of 2023*
Earnings Per Share	Revenues
$ 0.22	$ 325 Mill
$+0.17 +324.76 %	$+22M +7.14 %

Crawford And Co's Revenue rose by 7.14 % in first quarter of 2023 (Mar 31 2023) year on year, to $325 million and declined by -5.15 % sequentially.

Crawford And Co is Expected to report next financial results on August 07, 2023.

More on CRDA's Income Statement

CRDA's NET INCOME

Crawford And Co's net income of $10.730 million in the first quarter of 2023 increased by 571.04 % from net earnings of $1.599 million achieved in IV. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-40.637 million recorded in previous quarter.

More on CRDA's Growth

Crawford And Co Inventories
In Mar 31 2023 company's net cash and cash equivalents decreased by $-3 million, capital expenditures grew by -16.36%, to $-9 millions compare to same quarter a year ago and rose by -54.32% from IV. Quarter (Dec 31 2022).

More on CRDA's Cash flow Statement

Earnings quality

Crawford and Co payed out dividend of $0.26 per share in last 52 weeks representing 433.33 % of net earning per share in trailing twelve-month period.

During the same period Crawford and Co earned $ 0.56 cash per share, on a free-cash flow basis 933.37 % of net earning per share.

Book value grew by 17.14 % sequentially to $2.92 per share, -5785.17% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -0.48 per share from $ -0.83.

Company repurchased 0.92 million shares or 1.87 % in Mar 31 2023.
Interest Coverage Ratio was 1.39. Debt Coverage Ratio was 0.07.

• More on CRDA's Dividends

Market Capitalization (Millions)	379
Shares Outstanding (Millions)	49
Total Debt (Millions $)	249
Revenue (TTM) (Millions $)	1,258
Net Income (TTM) (Millions $)	-19
Cash Flow (TTM) (Millions $)	-10
Capital Exp. (TTM) (Millions $)	-43
Dividend TTM ($)	0.26 $
Dividend Yield TTM (%)	3.07 %
Employees (TTM) $	8,941

Earnings quality

Crawford and Co payed out dividend of $0.26 per share in the last 52 weeks representing 433.33 % of net earning per share in trailing twelve-month period.

During the same period Crawford and Co had $ 0.56 cash flow per share, on a free-cash flow basis 933.37 % of net earning per share.

Book value grew by 17.14 % sequentially to $2.92 per share, -5785.17% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -0.48 per share from $ -0.83.

Company repurchased 0.92 million shares or 1.87 % in Mar 31 2023.
Interest Coverage Ratio was 1.39. Debt Coverage Ratio was 0.07.

• More on CRDA's Balance Sheets

Market Capitalization (Millions)	379
Shares Outstanding (Millions)	49
Total Debt (Millions $)	249
Revenue (TTM) (Millions $)	1,258
Net Income (TTM) (Millions $)	-19
Cash Flow (TTM) (Millions $)	-10
Capital Exp. (TTM) (Millions $)	-43
Dividend TTM ($)	0.26 $
Dividend Yield TTM (%)	3.07 %
Employees (TTM) $	8,941

Crawford and Co

CRDA's Financial Statements and Analysis