CRA Intl Q2 Adj EPS $1.42 Beats $1.35 Estimate, Sales $161.97M Beat $156.82M Estimate
Portfolio Pulse from totan@benzinga.com
CRA International reported Q2 earnings of $1.42 per share, beating the analyst consensus estimate of $1.35 by 5.19%. However, this is a 10.13% decrease from the same period last year. The company also reported quarterly sales of $161.97 million, beating the estimate of $156.82 million by 3.28%, and marking an 8.63% increase from last year.
August 04, 2023 | 1:10 pm
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NEUTRAL IMPACT
CRA International's Q2 earnings and sales beat estimates, but earnings are down from last year. This mixed result could lead to uncertain market reactions.
CRA International's earnings beat estimates, which is typically positive for the stock. However, the decrease in earnings compared to the same period last year could temper investor enthusiasm. The increase in sales is a positive sign, but the overall impact on the stock is uncertain due to the mixed results.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100