Crawford & Company B: Q4 Earnings Snapshot

PEACHTREE CORNERS, Ga. (AP) — PEACHTREE CORNERS, Ga. (AP) — Crawford & Company B (CRD.B) on Monday reported a loss of $818,000 in its fourth quarter.

The Peachtree Corners, Georgia-based company said it had a loss of 2 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 6 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The company posted revenue of $309.2 million in the period. Its adjusted revenue was $296.1 million, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $305.2 million.

For the year, the company reported profit of $30.6 million, or 62 cents per share. Revenue was reported as $1.27 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRD.B at https://www.zacks.com/ap/CRD.B