Crawford & Company reported revenue of approximately $320 million [4, 5] for the first quarter ending March 31, 2026 [10].
The results highlight the volatility of the insurance services industry, where company performance is often tied to weather-related disasters and global economic shifts.
Headquartered in Peachtree Corners, Georgia, the claims-management provider held a virtual conference call on May 4 [9] to discuss the financial period. The company reported net income per share of 10 cents [1]. Adjusted earnings per share, which account for amortization and non-recurring costs, were 16 cents [2, 3].
These figures represent a decline from the previous year, when earnings per share stood at $0.21 [7]. The results also fell short of the Zacks Consensus Estimate of $0.20 per share [8]. While total revenue was reported between $320 million [4] and $320.1 million [5], the adjusted revenue for the period was $309.5 million [6].
Company leadership said the performance was due to a mix of domestic and international factors. Lower U.S. property claims activity occurred due to relatively benign weather conditions [11]. This decline was partially offset by growth within Broadspire, and improved profitability in the company's international operations [11].
Crawford & Company is traded on the New York Stock Exchange under the symbols CRD.A and CRD.B [1, 2].
“Adjusted earnings per share, which account for amortization and non-recurring costs, were 16 cents.”
The disparity between Crawford & Company's earnings and analyst expectations underscores the company's sensitivity to environmental factors. Because a significant portion of its revenue is driven by catastrophe response, a period of calm weather in the U.S. can lead to earnings misses despite growth in other sectors like Broadspire or international markets.
