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Cra Internationalinc. (CRAI)
NASDAQ:CRAI
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.93Last Year’s EPS
1.96Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 6.10%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
CRA International reported strong financial performance in fiscal 2024 with record-breaking revenue and growth across multiple segments, particularly in legal and regulatory services. The company also demonstrated effective capital management and increased shareholder returns. However, there were challenges including a reduction in consultant headcount and a higher effective tax rate. Despite these challenges, the overall sentiment of the call is positive, reflecting confidence in continued growth and profitability.Company Guidance
During the fourth quarter of fiscal year 2024, CRA International, Inc. achieved record revenue growth of 9.2% compared to the same period in fiscal 2023, driven by significant contributions from their North American and international operations, which increased by 7.8% and 15.7% respectively. The company experienced strong performance across various practices, with seven out of eleven, including energy, finance, and intellectual property, delivering double-digit revenue growth. The firm's utilization rose to 78% from 73% in the previous year's fourth quarter, aiding in a substantial increase in profitability. Non-GAAP net income, earnings per diluted share, and EBITDA grew by 21.2%, 24.5%, and 28.4% respectively year over year. CRA projected fiscal 2025 revenue between $715 million and $735 million, with a non-GAAP EBITDA margin ranging from 12.0% to 13.0%, emphasizing continued confidence in their long-term growth prospects.Record-Breaking Revenue and Growth
Revenue for fiscal 2024 increased by 10.2% to $687.4 million, marking CRA's seventh consecutive year of record annual revenue. Net income, earnings per diluted share, and EBITDA grew faster than revenue at rates of more than 20% year over year.
Strong Fourth Quarter Performance
Q4 2024 revenue increased 9.2% compared to Q4 2023, resulting in the best quarterly revenue in the company's history. North American and international operations contributed to this growth with 7.8% and 15.7% increases respectively.
Legal and Regulatory Services Growth
Legal and regulatory services revenue increased by 7% in Q4, surpassing broader legal market growth rates. Finance and intellectual property practices delivered over 20% growth year over year.
Capital Allocation and Shareholder Returns
CRA repaid $60 million of net borrowing, ending the year with zero outstanding debt. The company returned $45.6 million to shareholders through dividends and share repurchases, representing 49% of adjusted net cash flows from operations.
Strong Cash Flow and Liquidity
Adjusted net cash flows from operations increased by 13% to $92.5 million. Cash balance increased by $2.2 million to $26.7 million, with total liquidity of $222.7 million.
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CRAI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CRAI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $189.43 | $210.97 | +11.37% |
| Oct 31, 2024 | $193.79 | $181.68 | -6.25% |
| Aug 01, 2024 | $173.91 | $151.55 | -12.86% |
| May 02, 2024 | $148.40 | $152.44 | +2.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cra Internationalinc. (CRAI) report earnings?
Cra Internationalinc. (CRAI) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Cra Internationalinc. (CRAI) earnings time?
Cra Internationalinc. (CRAI) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRAI EPS forecast?
CRAI EPS forecast for the fiscal quarter 2025 (Q1) is 1.93.
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