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Stock Market & Financial Investment News

News Breaks
August 20, 2014
08:53 EDTCRLCharles River Labs has reached attractive entry point, says Sterne Agee
Sterne Agee continues to believe that Charles River should generate high incremental margins and disproportionate growth in earnings relative to its sales growth. The firm keeps a $71 price target and Buy rating on the shares.
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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