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Charles River: Q1 Earnings Insights

Charles River (NYSE:CRL) reported its Q1 earnings results on Thursday, May 11, 2023 at 07:00 AM. Here’s what…
byBenzinga Insights
May 11, 2023
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Charles River (NYSE:CRL) reported its Q1 earnings results on Thursday, May 11, 2023 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Charles River beat estimated earnings by 7.34%, reporting an EPS of $2.78 versus an estimate of $2.59.

Revenue was up $115.07 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.23 which was followed by a 3.74% increase in the share price the next day.

Here’s a look at Charles River’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 2.75 2.50 2.74 2.71
EPS Actual 2.98 2.63 2.77 2.75
Revenue Estimate 1.04B 970.37M 994.91M 910.10M
Revenue Actual 1.10B 989.16M 973.13M 913.93M

To track all earnings releases for Charles River visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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