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Jun 30, 2024
Crawford Q2 2024 Earnings Report
Crawford & Company reported second quarter results, showing a diversified revenue model and strategic growth yielding results.
Key Takeaways
Crawford & Company reported revenues of $314.2 million and net income of $8.6 million for the second quarter of 2024. Despite a difficult comparison to the previous year due to weather events, three of the four business segments showed operating earnings growth with improved margins.
Added $23 million in new and enhanced business in the quarter.
Broadspire achieved strong revenue growth and margin improvement, resulting in another record quarter.
International Operations segment showed continued improvement over the prior year period.
North American Loss Adjusting business achieved improved margin performance and consistent revenues quarter over quarter.
Revenue by Geographic Location
Forward Guidance
As we move through the back half of 2024, I am optimistic about the overall direction of the Company and believe we are well-positioned to drive enhanced value for customers and shareholders.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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