Charles River Q3 Adj. EPS $2.72 Beats $2.37 Estimate, Sales $1.03B Beat $1.00B Estimate
Portfolio Pulse from Benzinga Newsdesk
Charles River (NYSE:CRL) reported Q3 earnings of $2.72 per share, beating the analyst consensus estimate of $2.37 by 14.77%. This is a 3.42% increase from the same period last year. The company also reported quarterly sales of $1.03 billion, beating the analyst consensus estimate of $1.00 billion by 2.70%, a 3.83% increase from the same period last year.
November 08, 2023 | 12:07 pm
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POSITIVE IMPACT
Charles River's Q3 earnings and sales exceeded analyst estimates, indicating a positive financial performance.
Charles River's Q3 earnings and sales have exceeded analyst estimates, which is a positive signal for the company's financial performance. This could lead to increased investor confidence and potentially a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100