NASDAQ$CRAI

CRA International Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

CRA reported its highest second-quarter revenue in the company's history, driven by growth across services and geographies, leading to increased revenue and profits.

Charles River Associates (CRA) announced its highest second-quarter revenue in company history, driven by double-digit growth in Finance, Forensic Services, and Life Sciences practices, and strong contributions from Labor & Employment and Risk, Investigations & Analytics practices. Revenue grew by 14.1% in North America and 3.6% internationally. CRA reported increased profits year over year through effective management of consulting services and overhead.

  • CRA reported its highest second-quarter revenue in company history.
  • Double-digit revenue growth was achieved in Finance, Forensic Services, and Life Sciences practices.
  • North American operations saw revenue growth of 14.1%.
  • The company effectively managed consulting services and overhead to increase profits.

Headline financials

Total Revenue

$123M

Previous: $111M+11.3%
EPS (adj)

$0.80

Previous: $0.73+9.6%
Capital Expenditures

-$13.5M

Previous: -$3.9M-246.2%
Free Cash Flow

-$7.59M

Previous: $1.68M-552.6%
Net Income

$5.93M

Previous: $5.58M+6.3%
Operating Income

$8.34M

Previous: $8.31M+0.3%
Gross Profit

-$90.2M

No prior period
Cash & Equivalents

$18.8M

Previous: $15.6M+20.7%
Total Assets

$549M

Previous: $486M+12.9%

Revenue & EPS history

CRA · Revenue · Quarterly

$123M

Q2 2020+11.3%vs Q2 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

CRA recognizes the challenges and uncertainties that accompany the ongoing COVID-19 pandemic but remains confident that the factors that have driven their success in recent years will continue to drive their performance in the months and years ahead.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+1.1%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+2.5%

Avg return

30 days after

54%

34 / 63 earnings

Positive

+20.0%

Q3 2019

Best reaction

-20.2%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2025+2.6%-7.9%-4.6%
Q4 2025+4.2%+15.4%-4.4%
Q3 2025+3.4%+5.7%-1.0%
Q4 2024+11.4%+3.2%-7.1%
Q3 2024-4.2%-3.1%+0.4%
Q2 2024-12.3%-11.5%-3.5%
Q1 2024+2.9%+8.2%+17.7%
Q4 2023+10.6%+15.2%+26.8%
Q3 2023-11.8%-5.6%-0.6%
Q2 2023+4.7%+3.9%+6.6%
Q1 2023-6.9%-9.2%-6.9%
Q4 2022-11.7%-6.9%-13.8%
Q3 2022+13.3%+14.8%+19.1%
Q2 2022-5.9%-11.1%-10.9%
Q1 2022-1.0%-4.9%+3.1%
Q4 2021-1.2%-4.9%-5.6%
Q3 2021-19.8%-18.9%-20.8%
Q2 2021+9.8%+8.5%+14.0%
Q1 2021+3.3%-0.6%+1.6%
Q4 2020+12.1%+18.6%+27.2%
Q3 2020+6.6%+15.4%+22.1%
Q2 2020+5.4%+6.7%+10.2%
Q1 2020-1.8%-6.8%-2.3%
Q4 2019-2.3%-2.4%-34.2%
Q3 2019+20.0%+20.6%+19.3%
Q2 2019-6.2%-4.2%-10.4%
Q1 2019-20.2%-17.6%-28.2%
Q4 2018+13.5%+11.7%+14.3%
Q3 2018+3.9%+6.5%+15.7%
Q2 2018+1.9%+1.9%+5.6%
Q1 2018+1.2%+0.9%-2.0%
Q4 2017+8.5%+8.4%+19.6%
Q3 2017+2.2%+1.8%+9.0%
Q2 2017+14.0%+11.2%+3.0%
Q1 2017-6.5%-7.1%-3.1%
Q4 2016-0.7%+0.0%-1.5%
Q3 2016+8.3%+9.3%+18.8%
Q2 2016+5.2%+2.6%+0.9%
Q1 2016+10.3%
Q4 2015-2.2%
Q3 2015-1.4%
Q2 2015-3.4%
Q1 2015+2.6%
Q4 2014+6.1%
Q3 2014+6.8%
Q2 2014+3.4%
Q1 2014+2.8%
Q4 2013-2.6%
Q3 2013+3.0%
Q2 2013-0.6%
Q1 2013+2.1%
Q4 2012-0.1%
Q3 2012-0.3%
Q2 2012+0.7%
Q1 2012-0.2%
Q4 2011-2.6%
Q3 2011-1.4%
Q2 2010-5.3%
Q2 2011-5.3%
Q1 2011-2.6%
Q4 2010-0.3%
Q3 2010+4.2%
Q1 2009+0.1%

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