CRA: Q3 Earnings Snapshot

Associated Press Finance
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BOSTON (AP) — BOSTON (AP) — CRA International Inc. (CRAI) on Thursday reported third-quarter profit of $8.6 million.

The Boston-based company said it had profit of $1.21 per share. Earnings, adjusted for non-recurring gains, came to $1.13 per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.

The consulting firm posted revenue of $147.6 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $158 million.

CRA expects full-year revenue in the range of $610 million to $620 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRAI at https://www.zacks.com/ap/CRAI

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