CRA International (CRAI) Set to Announce Earnings on Thursday

CRA International (NASDAQ:CRAI) will be issuing its quarterly earnings data 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.Investors interested in participating in the company’s conference call can do so using this link.

CRA International (NASDAQ:CRAI) last announced its quarterly earnings results on Thursday, February 29th. The business services provider reported $1.63 EPS for the quarter, topping the consensus estimate of $1.10 by $0.53. The firm had revenue of $161.61 million for the quarter, compared to analyst estimates 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 Trading Down 0.4 %

Shares of CRA International stock traded down $0.63 during trading on Tuesday, reaching $147.65. The company’s stock 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 company has a 50-day moving average price of $139.46 and a two-hundred day moving average price of $113.96. The firm has a market cap of $1.03 billion, a PE ratio of 27.46, a P/E/G ratio of 1.59 and a beta of 1.22.

CRA International Announces Dividend

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

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In related news, CEO Paul A. Maleh sold 7,500 shares of CRA International stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $138.66, for a total value of $1,039,950.00. Following the completion of the sale, the chief executive officer now owns 170,280 shares in the company, valued at $23,611,024.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CFO Daniel K. Mahoney sold 1,000 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $138.31, for a total transaction of $138,310.00. Following the completion of the transaction, the chief financial officer now owns 10,496 shares of the company’s stock, valued at $1,451,701.76. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Paul A. Maleh sold 7,500 shares of the stock in a transaction dated 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 in the company, valued at approximately $23,611,024.80. The disclosure for this sale can be found here. Insiders have sold 10,750 shares of company stock worth $1,487,085 in the last quarter. 5.30% of the stock is owned by corporate insiders.

CRA International Company Profile

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.