Brief: Crawford & Co Reports Q1 Loss Per Share $0.21

Crawford & Co

05/05/2020 22:50

May 5 (Reuters) - Crawford & Co  CRDb.N :
    * REPORTS 2020 FIRST QUARTER RESULTS
    * Q1 LOSS PER SHARE $0.21
    * Q1 EARNINGS PER SHARE ESTIMATE $0.10 -- REFINITIV IBES
DATA
    * QTRLY REVENUES BEFORE REIMBURSEMENTS OF $237.5 MILLION,
COMPARED
WITH $247.1 MILLION FOR 2019 Q1
    * QTRLY REVENUES BEFORE REIMBURSEMENTS, ON A NON-GAAP BASIS,
OF
$238.8 MILLION, COMPARED WITH $247.1 MILLION FOR 2019 Q1
    * RECOGNIZED A NON-CASH GOODWILL IMPAIRMENT IN 2020 Q1,
TOTALING
$17.7 MILLION, RELATED TO OUR CRAWFORD CLAIMS SOLUTIONS SEGMENT
    * EXPECT SLOWDOWN RESULTING FROM COVID-19 COULD HAVE
MATERIAL
IMPACT TO OUR FINANCIAL CONDITION IN ONE OR MORE FUTURE QUARTERS

Source text for Eikon:  ID:nGNX66hTmk 
Further company coverage:  CRDb.N 

 (Reuters.Briefs@thomsonreuters.com)