Charles River: Q2 Earnings Snapshot
By AP News
Published - Aug 07, 2024, 07:08 AM ET
Last Updated - Aug 07, 2024, 07:08 AM EDT
WILMINGTON, Mass. (AP) — WILMINGTON, Mass. (AP) — Charles River Laboratories International Inc. (CRL) on Wednesday reported second-quarter earnings of $94.1 million.
The Wilmington, Massachusetts-based company said it had net income of $1.74 per share. Earnings, adjusted for non-recurring costs, were $2.80 per share.
The results surpassed 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 $1.03 billion in the period, meeting Street forecasts.
