CRA International (CRAI) Set to Announce Quarterly Earnings on Thursday

CRA International (NASDAQ:CRAI) will be announcing its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $1.39 per share for the quarter. CRA International has set its FY 2024 guidance at EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

CRA International (NASDAQ:CRAI) last announced its quarterly earnings data on Thursday, February 29th. The business services provider reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.53. The firm had revenue of $161.61 million during the quarter, compared to analysts’ expectations of $149.51 million. CRA International had a net margin of 6.17% and a return on equity of 19.01%. On average, analysts expect CRA International to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

CRA International Stock Performance

CRAI stock traded down $0.63 during mid-day trading on Tuesday, reaching $147.65. The company had a trading volume of 2,807 shares, compared to its average volume of 31,013. CRA International has a fifty-two week low of $81.29 and a fifty-two week high of $153.09. The firm has a fifty day simple moving average of $139.46 and a 200 day simple moving average of $113.96. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 27.46, a price-to-earnings-growth ratio of 1.59 and a beta of 1.22.

CRA International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 12th were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend was Monday, March 11th. CRA International’s dividend payout ratio is presently 31.11%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of CRA International from a “buy” rating to a “strong-buy” rating in a research note on Monday, March 4th.

Insider Buying and Selling at CRA International

In related news, CEO Paul A. Maleh sold 7,500 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $138.66, for a total transaction of $1,039,950.00. Following the completion of the sale, the chief executive officer now directly owns 170,280 shares of the company’s stock, valued at $23,611,024.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Paul A. Maleh sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $138.66, for a total transaction of $1,039,950.00. Following the completion of the transaction, the chief executive officer now directly owns 170,280 shares of the company’s stock, valued at approximately $23,611,024.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Jonathan D. Yellin sold 1,250 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $136.62, for a total value of $170,775.00. Following the completion of the sale, the executive vice president now directly owns 21,587 shares in the company, valued at approximately $2,949,215.94. The disclosure for this sale can be found here. Insiders sold a total of 10,750 shares of company stock valued at $1,487,085 in the last ninety days. Insiders own 5.30% of the company’s stock.

About CRA International

CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.