What To Expect From CRA International Inc (CRAI) Q3 2024 Earnings

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Oct 30, 2024
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CRA International Inc (CRAI, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $167.61 million, and the earnings are expected to come in at $1.58 per share. The full year 2024's revenue is expected to be $675.9 million and the earnings are expected to be $6.09 per share. More detailed estimate data can be found on the Forecast page.

CRA International Inc (CRAI, Financial) Estimates Trends

Over the past 90 days, revenue estimates for CRA International Inc (CRAI) for the full year 2024 have increased from $667.61 million to $675.9 million, and for 2025, from $696.42 million to $701.69 million. Earnings estimates for the full year 2024 have declined from $6.21 per share to $6.09 per share, while for 2025, estimates have risen from $6.8 per share to $7.56 per share.

CRA International Inc (CRAI, Financial) Reported History

In the previous quarter of June 30, 2024, CRA International Inc's (CRAI) actual revenue was $171.44 million, which beat analysts' revenue expectations of $168.25 million by 1.9%. CRA International Inc's (CRAI) actual earnings were $0.94 per share, which missed analysts' earnings expectations of $1.50 per share by -37.33%. After releasing the results, CRA International Inc (CRAI) was down by -12.86% in one day.

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CRA International Inc (CRAI, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for CRA International Inc (CRAI) is $192.50 with a high estimate of $194 and a low estimate of $191. The average target implies a downside of -1.67% from the current price of $195.77.

Based on GuruFocus estimates, the estimated GF Value for CRA International Inc (CRAI, Financial) in one year is $128.69, suggesting a downside of -34.26% from the current price of $195.77.

Based on the consensus recommendation from 2 brokerage firms, CRA International Inc's (CRAI, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.