Picture of CRA International logo

CRAI — CRA International News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedMid CapNeutral

CRA Q3 revenue beats estimates, raises guidance

Overview

CRA fiscal Q3 revenue grows 10.8% yr/yr, beating analyst expectations

Adjusted EPS for fiscal Q3 beats consensus, rising 16.4% yr/yr

Company raises full-year revenue guidance, increases quarterly dividend by 16%

Outlook

CRA raises full-year revenue guidance to $740.0 mln-$748.0 mln

Company increases lower end of profit guidance for fiscal 2025

CRA expects non-GAAP EBITDA margin of 12.6%-13.0% for 2025

Result Drivers

PRACTICE GROWTH - Antitrust & Competition Economics, Energy, Finance, and Intellectual Property practices posted double-digit revenue growth

GEOGRAPHIC EXPANSION - International operations revenue grew 30.3% yr/yr, while North American operations increased by 6.8%

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$185.90 mln$179.42 mln (3 Analysts)
Q3 Adjusted EPSBeat$2.06$1.80 (3 Analysts)
Q3 EPS$1.73
Q3 Adjusted Net Income$13.70 mln
Q3 Net Income$11.50 mln
Q3 Adjusted EBITDA$24.40 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" The average consensus recommendation for the business support services peer group is "buy" Wall Street's median 12-month price target for CRA International Inc is $244.00, about 27% above its October 29 closing price of $178.20 The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 23 three months ago Press Release: ID:nBw8Dfr4La For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

Recent news on CRA International

See all news