CRA International Q1 revenue rises 10.5%, beats estimates

CRA International

07/05/2026 13:16

Overview

US consulting firm's fiscal Q1 revenue rose 10.5% yr/yr, beating analyst expectations

Adjusted EPS for fiscal Q1 missed consensus, declining 10.4% yr/yr

Company returned $25.3 mln to shareholders via dividends and share repurchases

Outlook

CRA International reaffirms full-year 2026 revenue guidance of $785 mln to $805 mln

Company expects 2026 non-GAAP EBITDA margin of 12.0% to 13.0%

Result Drivers

BROAD-BASED PRACTICE GROWTH - Eight practices grew yr/yr, with Energy, Finance, Forensic Services, and Life Sciences posting double-digit revenue growth; Antitrust & Competition Economics set a new quarterly revenue record

GEOGRAPHIC EXPANSION - Revenue grew across geographies, with North America up 8.5% and international operations up 20.3% yr/yr

PORTFOLIO OPTIMIZATION COSTS - Net income decline partly reflected $2.6 mln in cash severance and non-cash charges tied to portfolio optimization actions

Company press release: ID:nBw42MCrYa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$201 mln
$193.82 mln (3 Analysts)
Q1 Adjusted EPS
Miss
$1.99
$2.02 (3 Analysts)
Q1 EPS
$1.69
Q1 Adjusted Net Income
$13.10 mln
Q1 Net Income
$11.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for CRA International Inc is $252.50, about 65.4% above its May 6 closing price of $152.64

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 21 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)