CRA International (NASDAQ:CRAI) issued its quarterly earnings data on Thursday. The business services provider reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.33, Bloomberg Earnings reports. The firm had revenue of $97.00 million during the quarter, compared to the consensus estimate of $89.60 million. CRA International had a return on equity of 5.98% and a net margin of 3.39%. The company’s quarterly revenue was up 21.9% on a year-over-year basis. During the same period last year, the company earned $0.24 EPS.
CRA International (NASDAQ:CRAI) traded up $0.23 during midday trading on Thursday, reaching $43.19. The company’s stock had a trading volume of 31,200 shares, compared to its average volume of 29,401. The firm has a market cap of $348.37, a P/E ratio of 31.07 and a beta of 0.87. CRA International has a 52 week low of $31.77 and a 52 week high of $49.31.
In other CRA International news, Director Rowland Moriarty sold 10,000 shares of CRA International stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $46.10, for a total value of $461,000.00. Following the completion of the transaction, the director now directly owns 38,471 shares of the company’s stock, valued at approximately $1,773,513.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 4.70% of the company’s stock.
CRAI has been the subject of a number of recent analyst reports. ValuEngine downgraded CRA International from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research downgraded CRA International from a “buy” rating to a “hold” rating in a research report on Tuesday, December 26th. Finally, BidaskClub downgraded CRA International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th.
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About CRA International
CRA International, Inc is a global consulting firm. The Company provides economic, financial and management consulting services. The Company consulting services in two areas: litigation, regulatory, and financial consulting and management consulting. The Company provides services, such as economic capability, analyses and testimony in areas, such as Antitrust & Competition; Damages & Valuation; Financial Accounting & Valuation; Financial Economics; Forensic & Cyber Investigations; Insurance Economics; Intellectual Property; International Arbitration; Labor & Employment; Mergers & Acquisitions; Regulatory Economics & Compliance; Securities & Financial Markets, and Transfer Pricing.
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