Crawford & Co Shares Soar 14.38% on Strong Q1 Earnings

Crawford & Co (CRD.A) shares surged 14.38% in pre-market trading on May 7, 2025, driven by strong first-quarter earnings and strategic investments.

Crawford & Company reported a 3.4% year-over-year increase in consolidated revenue growth, with a 5% growth in constant currency. The company's operating earnings saw a significant year-over-year increase of $5.7 million, reflecting strong performance across its business segments.

The company's revenues before reimbursements increased by 3% to $312.0 million in the first quarter of 2025, compared to $301.7 million in the same period last year. Net income saw a substantial increase of 139% to $6.7 million, or $0.13 per diluted share, driven by a 47% rise in consolidated adjusted operating earnings and a 30% increase in adjusted EBITDA.

Crawford & Company's North America Loss Adjusting segment reported a 3.1% revenue increase, while International Operations achieved a 6.4% rise, driven by growth in the U.K. and Europe. The company continues to focus on strategic investments, liquidity enhancement, and balance sheet strengthening, with management remaining optimistic about maintaining growth momentum.