Charles River Laboratories (CRL) shares plunge after Justice Department subpoena relating to NHPs

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Charles River gets DoJ subpoena on Cambodian supply of lab monkeys

February 22, 2023 9:04 AM EST

(Reuters) -Charles River Laboratories said on Wednesday that it had received a subpoena from the U.S. Department of Justice over an investigation into the supply of non-human primates from Cambodia, which are a part of the animal research services that the company offers to drug developers.

Shares of the company were down 12.4% at $213.34.

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Charles River Laboratories (CRL) Tops Q4 EPS by 23c; Guides FY23 EPS Below Views

February 22, 2023 7:06 AM EST

Charles River Laboratories (NYSE: CRL) reported Q4 EPS of $2.98, $0.23 better than the analyst estimate of $2.75. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.04 billion.

GUIDANCE:

Charles River Laboratories sees FY2023 EPS of $9.70-$10.90. Charles River... More