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Corvel Corporation  (CRVL)
Other Ticker:  
 
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial


 

Corvel Corporation

CRVL's Financial Statements and Analysis



Corvel Corporation reported in the second quarter of 2023 net earnings per share of $1.15 an increase by 38.55 % year on year from $0.83 and an improvement of 0.88 % from $1.14 realized in I. Quarter (Jun 30 2023).


second quarter of 2023
Earnings Per Share Revenues
$ 1.15 $  195 Mill
$+0.32     +38.55 % $+18M     +10.05 %



Corvel's Revenue rose by 10.05 % in second quarter of 2023 (Sep 30 2023) year on year, to $195 million and advanced by 2.83 % sequentially.


Corvel is

More on CRVL's Income Statement



Corvel 's net income of $19.898 million in the second quarter of 2023 increased by 35.77 % from net earnings of $14.656 million achieved in II. Quarter a year ago.

Sequentially net earnings grew by 0.47 % from net income of $19.805 million realized in previous quarter.

More on CRVL's Growth

Corvel Inventories
CRVL's Cash flow In the second quarter of 2023 company's net cash flow was $5 million, capital expenditures fell by -5.01644.08%, to $-7 millions compare to same quarter a year ago

More on CRVL's Cash flow Statement


Corvel Corporation does not pay out common stock dividend.

In trailing twelve-month period Corvel Corporation earned $ 5.60 cash per share, on a free-cash flow basis 129.95 % of net earning per share.

Book value grew by 7.77 % sequentially to $12.83 per share, 37.66% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 10.65 per share from $ 9.72.

Company repurchased 0.04 million shares or 0.22 % in Sep 30 2023.


More on CRVL's Dividends

 Market Capitalization (Millions) 5,492
 Shares Outstanding (Millions) 17
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 750
 Net Income (TTM) (Millions $) 75
 Cash Flow (TTM) (Millions $) 16
 Capital Exp. (TTM) (Millions $) -28
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 3,363




Corvel Corporation does not pay out common stock dividend.

In trailing twelve-month period Corvel Corporation had $ 5.60 cash flow per share, on a free-cash flow basis 129.95 % of net earning per share.

Book value grew by 7.77 % sequentially to $12.83 per share, 37.66% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 10.65 per share from $ 9.72.

Company repurchased 0.04 million shares or 0.22 % in Sep 30 2023.


More on CRVL's Balance Sheets

 Market Capitalization (Millions) 5,492
 Shares Outstanding (Millions) 17
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 750
 Net Income (TTM) (Millions $) 75
 Cash Flow (TTM) (Millions $) 16
 Capital Exp. (TTM) (Millions $) -28
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 3,363
   


  News about Corvel Corporation Earnings

Corvel Corporation Celebrates Impressive 38.55% Earnings per Share Growth in Q3 2023

Corvel Corporation, a leading player in the Insurance Brokerage industry, has reason to celebrate as it recently reported impressive financial results for the July to September 30, 2023 period. With profit per share rising by an impressive 38.55% to $1.15 per share, and a revenue boost of 10.047% to $195.25 million, Corvel Corporation has proven its ability to thrive in a competitive market.
What sets Corvel Corporation apart from its industry peers is its consistent growth. While the Insurance Brokerage industry as a whole experienced a revenue decline of 11.27% compared to the same period last year, Corvel Corporation managed to increase its revenue by 2.83%. This demonstrates the company's strong fund...

Corvel Corporation Outshines Industry Peers with Stellar 7.697% Top-line Growth in Q1 2023

Corvel Corporation Reports Consistent Revenue Growth and Improved Profit Margins
Corvel Corporation, a leading provider of risk management solutions, recently announced its financial results for the fiscal interval ending June 30, 2023. The company reported a revenue increase of 7.697% to $189.88 million, compared to $176.31 million in the prior year period. This growth in revenue is commendable and showcases Corvel's ability to maintain a consistent upward trajectory.
In addition to the revenue growth, Corvel Corporation also recorded an impressive income improvement of 21.28% to $1.14 per share. This is a significant increase compared to $0.94 per share in the previous year. These numbers indicate ...

CRVL Shines in Q4 2023 Earnings with Impressively Robust Results and Rising Revenue Despite Slight Profitability Dip!

Corvel Corporation, the Insurance Brokerage company, has released its financial results for the fourth quarter of 2023 earnings season. The company reported earnings per share (EPS) of $1.06 and revenue of $179.39 million. Although the revenue increased by 8.219% in the same period, the profitability of the company decreased by $0.04 per share compared to the fourth quarter of 2022, when it earned $1.10 EPS.
Further analysis of the company's earnings shows that the revenue surged by 3.377% from $173.43 million in Q3, and earnings per share surged by 10.2% from $0.96 per share. Unfortunately, net earnings of $18.169 million in the financial fourth quarter of 2023 fell by -7.48% from $19.637 million in th...


Date modified: 2023-11-03T16:01:13+00:00





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