CRA International (CRAI) Set to Announce Quarterly Earnings on Thursday

CRA International (NASDAQ:CRAI - Get Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of $1.58 per share for the quarter. CRA International has set its FY 2024 guidance at EPS.Persons that are interested in participating in the company's earnings conference call can do so using this link.

CRA International (NASDAQ:CRAI - Get Free Report) last issued its earnings results on Thursday, August 1st. The business services provider reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.34. The business had revenue of $171.44 million during the quarter, compared to analysts' expectations of $167.87 million. CRA International had a net margin of 6.17% and a return on equity of 22.37%. During the same period in the previous year, the company 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 Stock Performance

Shares of CRAI traded down $1.04 on Thursday, hitting $188.74. 35,947 shares of the stock traded hands, compared to its average volume of 37,648. CRA International has a one year low of $81.29 and a one year high of $198.02. The business has a 50 day simple moving average of $171.43 and a 200 day simple moving average of $167.67. The company has a market capitalization of $1.31 billion, a PE ratio of 31.01, a P/E/G ratio of 1.66 and a beta of 1.14.

CRA International Announces Dividend

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded CRA International from a "buy" rating to a "hold" rating in a research report on Thursday.

Insider Activity at CRA International

In other news, CEO Paul A. Maleh sold 7,500 shares of the stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $158.33, for a total value 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. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other CRA International news, CEO Paul A. Maleh sold 7,500 shares of the stock in a transaction dated 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 transaction, the chief executive officer now owns 159,212 shares of the company's stock, valued at $25,208,035.96. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jonathan D. Yellin sold 1,250 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $158.26, for a total value of $197,825.00. Following the transaction, the executive vice president now directly owns 20,361 shares of the company's stock, valued at approximately $3,222,331.86. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,750 shares of company stock worth $1,695,720. 5.20% of the stock is owned by company insiders.

About CRA International

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.