Charles River Laboratories International (NYSE: CRL ) is expected to report Q1 earnings on May 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Charles River Laboratories International's revenues will expand 3.0% and EPS will grow 1.4%.
The average estimate for revenue is $294.5 million. On the bottom line, the average EPS estimate is $0.71.
Last quarter, Charles River Laboratories International reported revenue of $280.1 million. GAAP reported sales were 3.7% lower than the prior-year quarter's $291.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.64. GAAP EPS of $0.38 for Q4 were 31% lower than the prior-year quarter's $0.55 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 33.9%, 90 basis points worse than the prior-year quarter. Operating margin was 15.4%, 140 basis points worse than the prior-year quarter. Net margin was 6.6%, 270 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.18 billion. The average EPS estimate is $2.85.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Charles River Laboratories International is hold, with an average price target of $42.04.
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