CRA Intl Q1 2024 Adj EPS $1.96 Beats $1.40 Estimate, Sales $171.789M Beat $161.563M Estimate
Portfolio Pulse from Benzinga Newsdesk
CRA International (CRAI) reported Q1 2024 adjusted EPS of $1.96, surpassing the $1.40 estimate, marking a 51.94% increase from last year. Sales reached $171.789M, exceeding the $161.563M estimate, up 12.39% from the previous year.
May 02, 2024 | 12:06 pm
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CRA International reported a significant beat on both earnings and sales estimates for Q1 2024, with adjusted EPS at $1.96 and sales of $171.789M.
CRA International's substantial beat on both earnings per share and sales estimates for Q1 2024 indicates strong financial performance and operational efficiency. This outperformance, especially with a 51.94% increase in EPS year-over-year and a 12.39% increase in sales, is likely to positively influence investor sentiment and could lead to a short-term uptick in CRAI's stock price. The significant beat on analyst expectations usually results in positive market reactions.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100