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Stock impact report

Analyst Sees Charles River As Preclinical Leader But Maintains Neutral Stance [Yahoo! Finance]

Charles River Laboratories International, Inc. (CRL) 
Last charles river laboratories international, inc. earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.criver.com
Company Research Source: Yahoo! Finance
On Wednesday, Charles River Laboratories International Inc (NYSE: CRL ) reported fourth-quarter 2024 revenue of $1 billion, a decrease of 1.1% year over year, beating the consensus of $983.63 million In the fourth quarter of 2024, the operating margin decreased to (16.7)% from 13.1% a year ago, including a non-cash goodwill impairment of $215.0 million in the fourth quarter of 2024 related to the Biologics Solutions reporting unit, which includes the Biologics Testing and CDMO businesses Adjusted operating margin increased to 19.9% from 19.1%, due primarily to higher revenue and operating income in the Manufacturing segment and lower unallocated corporate costs. The company reported adjusted EPS of $2.66, down from $2.46 a year ago, surpassing the consensus estimate of $2.53. James C. Foster, Chair, President and Chief Executive Officer, said, "Throughout 2024, we have launched initiatives to generate more revenue, aggressively reduce costs, and further strengthen our busines Show less Read more
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