Home / Business and Economy / CRA International Meets Forecasts Despite Earnings Miss
CRA International Meets Forecasts Despite Earnings Miss
3 Aug
Summary
- CRA International's Q2 revenue beat expectations, but earnings fell short
- Analysts maintain forecasts for 2.8% revenue growth and 2.9% EPS decline by 2025
- Trump's pledge to "unleash" US oil and gas could benefit 15 related stocks
According to the article, CRA International, Inc. (NASDAQ:CRAI) has seen its shares fall 4% in the week following the release of its latest Q2 results. While the company beat revenue expectations by 3.6%, reporting $187 million, its statutory earnings per share (EPS) of $1.79 fell 2.5% short of analyst estimates.
Despite the slight earnings miss, the three analysts covering CRA International have not significantly changed their forecasts for the company. They now predict revenues of $733 million in 2025, a 2.8% improvement compared to the last 12 months. However, statutory EPS is expected to dip 2.9% to $8.33 over the same period.
The article also notes that President Trump has pledged to "unleash" American oil and gas, and that 15 US stocks related to this industry are poised to benefit from this development. However, the article does not provide further details on these specific stocks.
Overall, the article suggests that CRA International has met analyst expectations in its recent results, with no major changes to the company's long-term forecasts. The potential boost to US energy stocks from Trump's policies is also highlighted as a related development.
