CRA International (CRAI) Scheduled to Post Earnings on Thursday

CRA International (NASDAQ:CRAI) will be releasing its earnings data before the market opens on Thursday, October 31st. Analysts expect CRA International to post earnings of $1.58 per share for the quarter. CRA International has set its FY 2024 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.

CRA International (NASDAQ:CRAI) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.34. The company had revenue of $171.44 million during the quarter, compared to analysts’ expectations of $167.87 million. CRA International had a return on equity of 22.37% and a net margin of 6.17%. During the same quarter in the prior year, the business earned $1.42 earnings per share. On average, analysts expect CRA International to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

CRA International Price Performance

NASDAQ:CRAI opened at $189.78 on Thursday. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 31.01, a PEG ratio of 1.66 and a beta of 1.14. CRA International has a 1 year low of $81.29 and a 1 year high of $198.02. The business has a 50 day simple moving average of $170.79 and a 200-day simple moving average of $167.51.

CRA International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, August 27th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 0.89%. The ex-dividend date was Tuesday, August 27th. CRA International’s dividend payout ratio (DPR) is 27.45%.

Insider Buying and Selling

In related news, CFO Daniel K. Mahoney sold 1,000 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $155.21, for a total transaction of $155,210.00. Following the completion of the sale, the chief financial officer now directly owns 11,624 shares of the company’s stock, valued at $1,804,161.04. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CEO Paul A. Maleh sold 7,500 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $158.33, for a total transaction of $1,187,475.00. Following the completion of the sale, the chief executive officer now directly owns 159,212 shares of the company’s stock, valued at $25,208,035.96. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Daniel K. Mahoney sold 1,000 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $155.21, for a total transaction of $155,210.00. Following the sale, the chief financial officer now directly owns 11,624 shares of the company’s stock, valued at approximately $1,804,161.04. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,750 shares of company stock worth $1,695,720. Corporate insiders own 5.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut CRA International from a “buy” rating to a “hold” rating in a research report on Thursday.

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.