BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced the promotions of four new vice presidents. Andrea Asoni in the Antitrust & Competition Practice; Rachel Berk in the Risk, Investigations & Analytics Practice; Anant Kumar in the Energy Practice; and Quenton Wright in the Labor & Employment Practice have each been promoted to the level of vice president. “ Andrea Asoni is an extraordinary ...

alvaro gonzalez/Moment via Getty Images Introduction and thesis CRA International (NASDAQ:CRAI) is a global consulting firm that provides economic, financial, and management consulting services. Headquartered in Boston, Massachusetts, the company serves clients across various industries, offering expertise in areas such as litigation support, regulatory compliance, mergers and acquisitions, and strategic consulting. CRAI operates within a highly competitive but lucrative industry, requiring deep experti ...

BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an RFP auction process will be conducted for FirstEnergy Corp.’s (NYSE: FE) Ohio subsidiaries –The Cleveland Electric Illuminating Company, Ohio Edison Company, and The Toledo Edison Company – to procure full requirements service for their Percentage of Income Payment Plan (PIPP) customers. The winning PIPP supplier will be obligated ...

CRA International, Inc. (CRAI) reported solid fourth-quarter 2023 results. The better-than-expected results impressed investors as the stock gained 4.9% since the earnings release on Feb 29.CRAI’s earnings per share (EPS) (excluding 1 cent from non-recurring items) came in at $1.63, which surpassed the Zacks Consensus Estimate by 48.2% and increased 37% year over year. Revenues of $161.6 million beat the consensus mark by 8.1% and increased 11.5% from the year-ago quarter.Charles River’s shares have gained ...

Daniel Mahoney - Executive Vice President, Chief Financial Officer and Treasurer for fiscal 2023, seven of CRA's 11 practices grew their top line with two practices; Forensic Services and Labor & Employment delivering double-digit revenue growth, relative to fiscal 2022. In the fourth quarter, strength across our portfolio drove an increase in revenue of 11.5%, compared to the fourth quarter of fiscal 2022. We translated this top-line expansion into profits that grew at an even faster rate. for the quarter, ...

CRA International (CRAI) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 48.18%. A quarter ago, it was expected that this consulting firm would post earnings of $1.38 per share when it actually produced earnings of $1.13, delivering a surprise of -18.12%.Over the last four quarters, t ...

Our performance could be af ected if employees and non-employee experts default on loans 16 In recent years, there has been significant litigation in the U.S. involving patents and other intellectual property rights. We could incur substantial costs in prosecuting or defending any intellectual property litigation, which could adversely affect our operating results and financial condition. Many businesses are experiencing the impact of increased medical costs as well as greater variability in ongoing costs. ...

| --- | --- | --- | --- | --- | |----------------------------------------------------------|-------|---------------------|-------|---------------------| | Assets | | December 30, 2023 | | December 31, 2022 | | Cash and cash equivalents | $ | 45,586 | $ | 31,447 | | Accounts receivable and unbilled services, net | | 199,556 | | 194,987 | | Other current assets | | 20,334 | | 22,426 | | Total current assets | | 265,476 | | 248,860 | | | | | | | | Property and equipment, net | | 38,176 | | 45,582 | | Goodwill ...

CRA International, Inc. (CRAI) is scheduled to report fourth-quarter 2023 results on Feb 29, before market open.CRAI has an unimpressive earnings surprise history, having outperformed the Zacks Consensus Estimate in only one of the preceding four quarters and missing in the other three, the average miss being 7.74%.Q4 ExpectationsThe Zacks Consensus Estimate for the company’s top line is pegged at $149.5 million, suggesting a 3.1% rise from the year-ago actual. Improvement is likely to have been driven by g ...

CRA International, Inc., which conducts business as Charles River Associates (CRAI) , has had an impressive run in the past month. The stock has gained 6.4%, outperforming the 2.6% rally of the industry it belongs to and the 1.4% rise of the Zacks S&P 500 composite.Reasons for the UpsideCharles River has a diversified business with service offerings across areas of functional expertise, client base and geographical regions. Being proficient in multiple industries helps the company meet varying client needs ...