CRA International Inc. Q1 Profit Increases, Beats Estimates

CRA International Inc. (CRAI) revealed earnings for its first quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $18.00 million, or $2.62 per share. This compares with $13.69 million, or $1.95 per share, last year.

Excluding items, CRA International Inc. reported adjusted earnings of $15.25 million or $2.22 per share for the period.

Analysts on average had expected the company to earn $1.95 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.9% to $181.85 million from $171.78 million last year.

CRA International Inc. earnings at a glance (GAAP) :

-Earnings: $18.00 Mln. vs. $13.69 Mln. last year.
-EPS: $2.62 vs. $1.95 last year.
-Revenue: $181.85 Mln vs. $171.78 Mln last year.

-Guidance:
Full year revenue guidance: $715 to 735 Mln

by RTTNews Staff Writer

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