Charles River Laboratories International Inc. Q3 Profit Decreases, But Beats Estimates

(RTTNews) - Charles River Laboratories International Inc. (CRL) reported a profit for third quarter that Decreased from last year but beat the Street estimates.

The company's bottom line came in at $54.4 million, or $1.10 per share. This compares with $69.6 million, or $1.33 per share, last year.

Excluding items, Charles River Laboratories International Inc. reported adjusted earnings of $2.43 per share for the period.

Analysts on average had expected the company to earn $2.34 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 0.5% to $1.004 billion from $1.009 billion last year.

Charles River Laboratories International Inc. earnings at a glance (GAAP) :

-Earnings: $54.4 Mln. vs. $69.6 Mln. last year. -EPS: $1.10 vs. $1.33 last year. -Revenue: $1.004 Bln vs. $1.009 Bln last year.