Charles River Laboratories International (NYSE:CRL) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.01b (down 1.6% from 3Q 2023).

• Net income: US$68.7m (down 21% from 3Q 2023).

• Profit margin: 6.8% (down from 8.5% in 3Q 2023).

• EPS: US$1.34 (down from US$1.70 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Charles River Laboratories International Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Life Sciences industry in the US.

Performance of the American Life Sciences industry.

The company's shares are up 18% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Charles River Laboratories International that you need to take into consideration.

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