CRA International (NASDAQ:CRAI) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$167.7m (up 14% from 3Q 2023).

• Net income: US$11.4m (up 34% from 3Q 2023).

• Profit margin: 6.8% (up from 5.8% in 3Q 2023). The increase in margin was driven by higher revenue.

• EPS: US$1.69 (up from US$1.23 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

CRA International EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.7%.

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's shares are down 3.8% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on CRA International's balance sheet health.

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