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 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:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate2.752.502.742.71
EPS Actual2.982.632.772.75
Revenue Estimate1.04B970.37M994.91M910.10M
Revenue Actual1.10B989.16M973.13M913.93M

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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Posted In: EarningsBZI-Recaps