Mar. 2 at 5:00 PM
$CRAI beats earnings & expands share repurchase β bullish or bearish? π€
EPS of
$2.06 slightly topped expectations and increased 1.5% from the year-ago figure. The combination of earnings and a
$55M buyback announcement fueled a 3.1% share rise. Despite this, CRAI holds a Zacks Rank #4 (Sell).
See the full breakdown here π https://www.zacks.com/stock/news/2877348/charles-river-stock-moves-north-since-q4-earnings-and-revenue-beat?cid=sm-stocktwits-2-2877348-body-35766&ADID=SYND_STOCKTWITS_TWEET_2_2877348_BODY_35766