CRA: Fourth Quarter Financial Overview
CRA International Inc. Announces Fourth-Quarter Financial Results
On Thursday, CRA International Inc. (CRAI), headquartered in Boston, revealed that it earned $13.2 million during the fourth quarter.
The company reported net earnings of $1.99 per share, with adjusted earnings—excluding one-time expenses—coming in at $2.06 per share.
These figures surpassed the expectations of Wall Street analysts, who, according to Zacks Investment Research, had anticipated earnings of $2.05 per share based on the average forecast from four analysts.
During the quarter, CRA International generated $197 million in revenue, outperforming the consensus estimate of $190 million from the same group of analysts.
For the entire fiscal year, CRA International posted a profit of $54.8 million, or $8.14 per share, with total revenue reaching $751.6 million.
Looking ahead, the company projects its full-year revenue to fall between $785 million and $805 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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