Crawford & Company B: Fourth Quarter Financial Overview

Crawford & Company B Reports Fourth Quarter Loss

Crawford & Company B, headquartered in Peachtree Corners, Georgia, announced a net loss of $7.2 million for the fourth quarter.

The company reported a loss of $0.15 per share for the quarter. After excluding one-time expenses, adjusted earnings were $0.15 per share.

These results did not meet analysts’ expectations. According to a survey by Zacks Investment Research involving three analysts, the consensus estimate was $0.23 per share.

Quarterly revenue reached $320.1 million, with adjusted revenue totaling $308.5 million. Both figures were below the average analyst projection of $332.4 million, as reported by Zacks.

For the full year, Crawford & Company B recorded a profit of $19.6 million, or $0.40 per share, with annual revenue amounting to $1.27 billion.