Charles River Laboratories (CRL) Tops Q1 EPS by 12c, Raises FY EPS Guidance

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Go back to Charles River Laboratories (CRL) Tops Q1 EPS by 12c, Raises FY EPS Guidance

Charles River Laboratories Announces First-Quarter 2018 Results from Continuing Operations

May 10, 2018 7:00 AM EDT

First-Quarter Revenue of $494.0 Million

First-Quarter GAAP Earnings per Share of $1.08 and Non-GAAP Earnings per Share of $1.38

Updates 2018 Guidance

WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) today reported its results for the first quarter of 2018. For the quarter, revenue from continuing operations was $494.0 million, an increase of 10.8% from $445.8 million in the first quarter of 2017. Revenue growth was driven primarily by the Discovery and Safety Assessment and Manufacturing Support segments.

The impact of foreign currency translation benefited reported revenue growth by 4.6%.... More