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CRD.A-News
CRD.A-Events
Crawford & Company CEO Rohit Verma Resigns
Crawford & Company announced that W. Bruce Swain will assume the role of interim president and CEO following Rohit Verma's decision to step down effective December 31 to pursue a new opportunity. Currently serving as chief financial officer, Swain will assume the role of interim president and CEO and member of the Crawford board of directors, on January 1, 2026.
Crawford & Company announces Q3 earnings per share of 32 cents, up from 22 cents a year ago.
Reports Q3 revenue $332.8M, consensus $344.35M. Revenues before reimbursements decreased (2)% to $322.2 million in the 2025 third quarter from $329.4 million in the 2024 third quarter. Rohit Verma, president and chief executive officer of Crawford & Company, commented, "Our Company delivered solid third-quarter results with a 22% increase in operating earnings and improved margins across all segments of our business. Broadspire and International Operations performed particularly well, but consolidated revenue decreased slightly due to the continued absence of significant weather events and lower U.S. claims activity in North America Loss Adjusting and Platform Solutions."
Crawford & Company reports Q1 EPS 21c vs 13c last year
Reports Q1 revenue $312M, consensus $325.9M. Rohit Verma, president and chief executive officer of Crawford & Company, commented, "In the first quarter of 2025 we continued the growth and profitability momentum that we built in 2024, delivering solid year-over-year revenue growth of 3.4%. Our consolidated operating earnings increased 47% with margin improvement across three of our business segments driven by our diversified model and disciplined execution."
Crawford & Company reports Q4 adjusted EPS 19c, one estimate 24c
Reports Q4 revenue $347.3M, consensus $334.82M. Revenues before reimbursements increased 17% to $347.3M in the 2024 fourth quarter from $296.1M in the 2023 fourth quarter. Rohit Verma, president and Chief Executive Officer of Crawford & Company, commented, "Our fourth quarter performance delivered a strong close to 2024, reflecting revenue growth across all business lines and margin expansion in our North America Loss Adjusting, International Operations and Platform Solutions segments. As we expected, after a relatively quiet year, we saw increased claims activity during the fourth quarter in the aftermath of Hurricanes Helene and Milton, which represented the first meaningful increase in outsourced claims activity since the third quarter of 2023. Broadspire continued the momentum it has driven all year, resulting in revenue growth in the quarter and its second consecutive year of record annual revenue. International made solid progress, with several key markets contributing to the segment's revenue growth and margin improvement. As we move through 2025, we remain committed to delivering operational excellence, investing in our people, improving our technology, and embracing innovation to enhance the customer experience across all our offerings. Our ability to develop and maintain longstanding client relationships drives our success and positions us as a key partner in periods of both benign and extreme weather. We appreciate the dedication of our employees and the confidence of our clients, which enable us to maintain our market leadership."
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