Charles River: Q4 Earnings Snapshot
By AP News
Published - Feb 14, 2024, 07:21 AM ET
Last Updated - Feb 14, 2024, 07:21 AM EST
WILMINGTON, Mass. (AP) — WILMINGTON, Mass. (AP) — Charles River Laboratories International Inc. (CRL) on Wednesday reported fourth-quarter net income of $187.1 million.
The Wilmington, Massachusetts-based company said it had net income of $3.62 per share. Earnings, adjusted for one-time gains and costs, were $2.46 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.39 per share.
The medical research equipment and services provider posted revenue of $1.01 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $985.7 million.
