secwatch.observer — SEC 8-K summary
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Issuer:     CRAWFORD & CO (CRD-A)
CIK:        0000025475
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001193125-26-204368
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crawford Q1 net income falls 27% to $4.9M; revenue down 1% to $309.5M
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- GAAP diluted EPS $0.10 (both classes) down 23% YoY; Non-GAAP adjusted EPS $0.16 down 24%.
- Consolidated operating earnings $13.7M, down 23%; US P&C segment revenue down 11.3% on lower weather claims.
- International Operations revenue up 4.5% (+4.5% reported, constant currency -3%); Broadspire up 1.0%.
- Free cash flow -$4.6M (improved from -$23.2M); repurchased 468k CRD-A and 60k CRD-B shares.
- CEO cited $24M in new business wins; cash and equivalents $54.5M, total debt $194.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25475/000119312526204368/0001193125-26-204368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25475/000119312526204368/crda-20260504.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-204368

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer