Charles River: Q3 Earnings Snapshot

WILMINGTON, Mass. (AP) — WILMINGTON, Mass. (AP) — Charles River Laboratories International Inc. (CRL) on Wednesday reported third-quarter earnings of $69.7 million.

On a per-share basis, the Wilmington, Massachusetts-based company said it had profit of $1.33. Earnings, adjusted for non-recurring costs, were $2.59 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.43 per share.

The medical research equipment and services provider posted revenue of $1.01 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $977.2 million.