AP NEWS

Crawford: 3Q Earnings Snapshot

November 4, 2019

PEACHTREE CORNERS, Ga. (AP) _ Crawford & Co. (CRD.A) on Monday reported third-quarter earnings of $11 million.

The Peachtree Corners, Georgia-based company said it had net income of 21 cents per share. Earnings, adjusted for non-recurring costs, were 23 cents per share.

The provider of claims management services to insurance companies posted revenue of $265.8 million in the period. Its adjusted revenue was $254.7 million.

Crawford expects full-year earnings in the range of 80 cents to 85 cents per share, with revenue in the range of $1 billion to $1.05 billion.

Crawford shares have increased 18% since the beginning of the year. In the final minutes of trading on Monday, shares hit $10.50, a climb of 17% in the last 12 months.

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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.A at https://www.zacks.com/ap/CRD.A