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Market Impact: 0.34

Charles River Laboratories (CRL) Surpasses Q1 Earnings and Revenue Estimates

CRL
Corporate EarningsAnalyst EstimatesCompany FundamentalsHealthcare & Biotech

Charles River Laboratories reported quarterly EPS of $2.06, topping the $1.96 Zacks consensus by $0.10, or about 5.1%. Earnings were down from $2.34 per share a year ago, indicating softer year-over-year profitability despite the modest beat. The release is modestly positive for the stock and mainly relevant as an earnings update.

Analysis

Charles River Laboratories reported quarterly EPS of $2.06, topping the $1.96 Zacks consensus by $0.10, or about 5.1%. Earnings were down from $2.34 per share a year ago, indicating softer year-over-year profitability despite the modest beat. The release is modestly positive for the stock and mainly relevant as an earnings update.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.22

Ticker Sentiment

CRL0.25