Charles River CRL reported its Q2 earnings results on Wednesday, August 3, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Charles River beat estimated earnings by 1.09%, reporting an EPS of $2.77 versus an estimate of $2.74.
Revenue was up $58.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 3.62% drop in the share price the next day.
Here's a look at Charles River's past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Charles River management provided guidance for FY 2022, expecting earnings between $10.7 and $10.95 per share.
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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