Charles River: Q1 Earnings Insights - Charles River (NYSE:CRL)

Charles River 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.

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.

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.