Crawford

Q2 FY2026 EarningsQ2 FY2026 results showed a slight top-line miss but a significant bottom-line beat: revenue of $321.4M was 1.55% below the $326.5M consensus, while Normalized EPS of $0.38 substantially exceeded the $0.28 estimate. Growth was primarily driven by the International segment (up 4.2% YoY) and Broadspire, offsetting a 10.2% decline in U.S. Property & Casualty due to lower weather-related claims. Strong cost management and a lower effective tax rate of 31.7% (vs. 33.7% expected) further bolstered profitability, supporting a quarterly dividend increase to $0.08 per share.