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Charles River Laboratories (CRL) Tops Q4 EPS by 5c, Offers Guidance

February 14, 2024 7:04 AM

Charles River Laboratories (NYSE: CRL) reported Q4 EPS of $2.46, $0.05 better than the analyst estimate of $2.41. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $991.25 million.

GUIDANCE:

Charles River Laboratories sees FY2024 EPS of $10.90-$11.40, versus the consensus of $10.79.

2024 GUIDANCE

Revenue growth, reported

1.0% – 4.0%

Impact of divestitures/(acquisitions), net

~(0.5)%

(Favorable)/unfavorable impact of foreign exchange

~(0.5)%

Revenue growth, organic (1)

0.0% – 3.0%

GAAP EPS estimate

$7.90 – $8.40

Acquisition-related amortization (2)

~$2.40

Acquisition and integration-related adjustments (3)

~$0.10

Costs associated with restructuring actions (4)

~$0.25

Other items (5)

~$0.25

Non-GAAP EPS estimate

$10.90 – $11.40

For earnings history and earnings-related data on Charles River Laboratories (CRL) click here.

Categories

Earnings Guidance

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