CRA: 2Q Earnings Snapshot
BOSTON (AP) _ CRA International Inc. (CRAI) on Thursday reported second-quarter profit of $5.6 million.
On a per-share basis, the Boston-based company said it had net income of 68 cents. Earnings, adjusted for one-time gains and costs, were 73 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.
The consulting firm posted revenue of $110.6 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $110.9 million.
CRA shares have climbed 2% since the beginning of the year. The stock has fallen 20% in the last 12 months.