Publicly listed independent claims adjustment company Crawford & Company reported a positive balance sheet as earnings per share went back in the black after going into negative territory in 2015.
According to a company disclosure, earnings per share climbed back in the black at $.67 for its A shares and $.60 for its B shares after the stock dived to -$.79 and -$.87 respectively in 2015.
However, unadjusted revenues dipped to $1.109 billion in 2016 from $1.170 billion in the prior year.
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Its 2017 guidance suggested a positive performance to further the efforts of 2016. Unadjusted consolidated revenues are expected to range between $1.10 billion and $1.13 billion.
A shares are forecast to hit the $.63 to $.73 mark, while B shares are seen to reach the $.55 to $.65 mark.
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