earnings
confidence high
sentiment positive
materiality 0.75
Charles River Q3 revenue $895.9M (+20.5% YoY); non-GAAP EPS $2.70; updates 2021 guidance
CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
2021-Q3 EPS reported
$4.93
revenue$2,635,110,000
- Revenue $895.9M, +20.5% YoY; organic growth 13.6% with contributions from all three segments.
- GAAP EPS $2.01 (-1.0% YoY) includes $0.15 loss from venture investments; non-GAAP EPS $2.70 (+15.9%).
- RMS segment revenue $171.3M (+12.7% YoY); DSA $531.8M (+15.3%); Manufacturing $192.9M (+48.1%).
- 2021 guidance: reported revenue growth 19.5%-20.5% (from 20.5%-22.5%); GAAP EPS raised to $7.05-$7.15; non-GAAP EPS $10.20-$10.30.
- Completed divestitures of RMS Japan and CDMO Sweden on Oct 12; reduces Q4 revenue ~$20M and non-GAAP EPS <$0.10.