CRA International Inc. Is Sinking After Q1 Report

CRA International Inc. (CRAI) reported first quarter net income of $0.04 per share Thursday morning, down from $0.18 per share in the prior year period. The consensus estimate was for EPS of $0.27.

CRA International Inc. gapped open sharply lower Thursday and has continued to decline on above average volume. Shares are now down 7.46 at $20.56. The stock has plunged to an 11-month low and has dropped below both its 50 and 200-day moving averages.

by RTTNews Staff Writer

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