Investing.com - CRA reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CRA announced earnings per share of $1.64 on revenue of $148.4M. Analysts polled by Investing.com anticipated EPS of $1.26 on revenue of $148.01M.
CRA shares are down 26.01% from the beginning of the year, still down 6.10% from its 52 week high of $116.71 set on November 3, 2021.
CRA shares gained 7.07% in intra-day trade following the report.
CRA follows other major Industrials sector earnings this month
CRA's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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