Charles River Laboratories (CRL) Tops Q1 EPS by 37c, Updates Guidance

Go back to Charles River Laboratories (CRL) Tops Q1 EPS by 37c, Updates Guidance

Charles River Laboratories Announces First-Quarter 2020 Results

May 7, 2020 7:00 AM EDT

First-Quarter Revenue of $707.1 Million

First-Quarter GAAP Earnings per Share of $1.02 and Non-GAAP Earnings per Share of $1.84

Revises 2020 Guidance Due to COVID-19 Impact

WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) today reported its results for the first quarter of 2020. For the quarter, revenue was $707.1 million, an increase of 17.0% from $604.6 million in the first quarter of 2019.

Acquisitions contributed 9.5% to consolidated first-quarter revenue growth. The impact of foreign currency translation reduced reported revenue growth by 0.7%. Excluding the effect of these... More