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Compared to Estimates, Charles River (CRL) Q4 Earnings: A Look at Key Metrics
CRLCharles River(CRL) ZACKS·2025-02-19 15:35

Core Insights - Charles River Laboratories (CRL) reported a revenue of 1billionforthequarterendedDecember2024,reflectingadecreaseof1.11 billion for the quarter ended December 2024, reflecting a decrease of 1.1% year-over-year, while EPS increased to 2.66 from 2.46inthepreviousyear[1]−TherevenueexceededtheZacksConsensusEstimateof2.46 in the previous year [1] - The revenue exceeded the Zacks Consensus Estimate of 975.34 million by 2.79%, and the EPS also surpassed the consensus estimate of 2.50by6.402.50 by 6.40% [1] Revenue Breakdown - Revenue from Research Models and Services was 204.26 million, exceeding the average estimate of 201.13millionbyanalysts,withayear−over−yearincreaseof4.3201.13 million by analysts, with a year-over-year increase of 4.3% [4] - Revenue from Discovery and Safety Assessment was 603.35 million, below the average estimate of 566.67million,showingadeclineof3.6566.67 million, showing a decline of 3.6% year-over-year [4] - Revenue from Manufacturing Solutions reached 194.94 million, slightly below the average estimate of 205.81million,withayear−over−yearincreaseof1.6205.81 million, with a year-over-year increase of 1.6% [4] - Revenue from Services was 811.91 million, surpassing the average estimate of 795.10million,butreflectingayear−over−yeardeclineof3.1795.10 million, but reflecting a year-over-year decline of 3.1% [4] - Revenue from Products was 190.64 million, exceeding the average estimate of 177.81million,withanincreaseof8.6177.81 million, with an increase of 8.6% compared to the previous year [4] Operating Income Analysis - Non-GAAP operating income for Research Models and Services was 46.54 million, slightly above the average estimate of 45.01million[4]−Non−GAAPoperatingincomeforDiscoveryandSafetyAssessmentwas45.01 million [4] - Non-GAAP operating income for Discovery and Safety Assessment was 148.98 million, exceeding the average estimate of 132.62million[4]−Non−GAAPoperatingincomeforManufacturingSolutionswas132.62 million [4] - Non-GAAP operating income for Manufacturing Solutions was 55.91 million, below the average estimate of 58.54million[4]−UnallocatedCorporateOverheadreportedanoperatinglossof58.54 million [4] - Unallocated Corporate Overhead reported an operating loss of 61.76 million, worse than the average estimate of -43.28million[4]−OperatingincomeforResearchModelsandServiceswas43.28 million [4] - Operating income for Research Models and Services was 13.77 million, significantly below the average estimate of 27.04million[4]−OperatingincomeforDiscoveryandSafetyAssessmentwas27.04 million [4] - Operating income for Discovery and Safety Assessment was 62.86 million, falling short of the average estimate of 102.93million[4]−ManufacturingSolutionsreportedanoperatinglossof102.93 million [4] - Manufacturing Solutions reported an operating loss of 182.55 million, compared to the average estimate of a profit of $44.27 million [4] Stock Performance - Over the past month, shares of Charles River have declined by 9.1%, contrasting with a 4.7% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]