earnings
confidence high
sentiment negative
materiality 0.80
Charles River Labs Q4 GAAP loss $(4.22) on $215M goodwill impairment; guides FY2025 revenue down 5.5-3.5%
CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
2024-FY EPS reported
$0.20
revenue$4,049,989,000
- Q4 revenue $1.00B (-1.1% YoY); non-GAAP EPS $2.66 (+8.1%); GAAP loss $(4.22) from $215M Biologics Solutions goodwill impairment.
- Full-year 2024 revenue $4.05B (-1.9%); non-GAAP EPS $10.32 (-3.3%); GAAP EPS $0.20 (-97.8%).
- DSA segment revenue down 3.6% organically; Manufacturing organic +2.1%; RMS organic -0.4% despite Noveprim acquisition.
- 2025 guidance: organic revenue decline 5.5% to 3.5%; non-GAAP EPS $9.10-$9.60; plans $350M stock repurchase.
- CEO cites ongoing biopharma client restructuring; expects stable-to-slightly improved biotech demand in 2025.