Charles River Q2 2024 Adj. EPS $2.80 Beats $2.39 Estimate, Sales $1.03B Beat $1.024B Estimate
Portfolio Pulse from Benzinga Newsdesk
Charles River (NYSE:CRL) reported Q2 2024 adjusted EPS of $2.80, beating the analyst estimate of $2.39 by 17.15%. Sales were $1.03 billion, slightly above the $1.024 billion estimate but down 2.83% from the same period last year.
August 07, 2024 | 11:00 am
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Charles River reported Q2 2024 adjusted EPS of $2.80, beating the analyst estimate of $2.39 by 17.15%. Sales were $1.03 billion, slightly above the $1.024 billion estimate but down 2.83% from the same period last year.
The significant beat on EPS is likely to positively impact the stock price in the short term, despite the slight decline in sales compared to the previous year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100