Quarterly ResultAug 3, 2026, 04:28 PM
Crawford & Co. Q2 Net Income Attributable to Shareholders Up 72.8%
AI Summary
Crawford & Company reported a significant increase in net income and diluted earnings per share for the second quarter and first half of 2026, despite a slight decrease in total revenues. Net income attributable to shareholders for Q2 2026 surged by 72.8% to $13.45 million, with diluted EPS for Class A common stock rising to $0.27. While total revenues saw a minor dip, the company experienced growth in its International Operations and Broadspire segments, offsetting a decline in U.S. Property & Casualty revenue. Additionally, Crawford & Company engaged in share repurchases and increased dividend payouts during the first half of the year.
Key Highlights
- Net Income Attributable to Shareholders for Q2 2026 increased 72.8% to $13.45 million.
- Diluted EPS for Class A Common Stock in Q2 2026 rose 68.75% to $0.27.
- Total revenues for Q2 2026 slightly decreased by 1.36% to $330.02 million.
- International Operations revenue for Q2 2026 increased 4.24% to $137.95 million.
- Broadspire revenue for Q2 2026 increased 1.17% to $109.42 million.
- U.S. Property & Casualty revenue for Q2 2026 decreased 10.34% to $74.07 million.
- The company repurchased $9.04 million of common stock during the first six months of 2026.
- Cash dividends paid totaled $7.31 million for the first six months of 2026.
Price Impact
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