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Stock Market & Financial Investment News

News For CRL From The Last 14 Days
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May 4, 2015
10:00 EDTCRLOn The Fly: Analyst Upgrade Summary
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06:50 EDTCRLCharles River Labs upgraded at SunTrust
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06:13 EDTCRLCharles River Labs upgraded to Buy from Neutral at SunTrust
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April 29, 2015
16:52 EDTCRLCharles River Labs backs FY15 adjusted EPS $3.55-$3.65, consensus $3.60
Raises FY15 revenue growth to 6.5%-8% from 6%-7.5% on constant-currency basis, consensus $1.33B. Company now sees stronger safety assessment revenue.Sees foreign currency translation reducing revenue growth by roughly 5.5%, which would result in reported revenue growth of 1%-2.5%. The company originally estimated 5% impact from foreign currency translation and reported revenue growth of 1%-2.5%. Foreign currency translation is now expected to reduce FY15 EPS by 17c, compared to the company’s original estimate of approximately 12c per share.
16:48 EDTCRLCharles River Labs reports Q1 adjusted EPS 79c, consensus 82c
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