CRA Intl Q3 EPS $1.13 Misses $1.39 Estimate, Sales $147.55M Miss $158.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
CRA Intl (NASDAQ:CRAI) reported Q3 earnings of $1.13 per share, missing the analyst consensus estimate of $1.39 by 18.71%. This is a 31.1% decrease from the same period last year. The company also reported quarterly sales of $147.55 million, missing the analyst consensus estimate of $158.28 million by 6.78%. This is a 0.60% decrease from the same period last year.
November 02, 2023 | 12:08 pm
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NEGATIVE IMPACT
CRA Intl's Q3 earnings and sales missed estimates, with a significant YoY decrease in earnings per share. This could negatively impact the company's stock price in the short term.
CRA Intl's earnings and sales for Q3 have both missed estimates, with a significant year-on-year decrease in earnings per share. This underperformance could lead to a decrease in investor confidence, potentially leading to a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100