Charles River Laboratories Q4 Profit Rises - Quick Facts

(RTTNews) - Charles River Laboratories International, Inc. (CRL) Tuesday reported fourth-quarter profit of $19.10 million or $0.40 per share, up from $18.42 million or $0.38 per share in the same period last year.

Adjusted earnings for the quarter were $35.1 million or $0.73 per share. On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.68 per share for the quarter. Analysts' estimates typically exclude special items.

Sales from continuing operations improved 3.2 percent to $289.2 million from $280.1 million last year. Analysts expected sales of $289.56 million.

Looking ahead to the fiscal year 2014, the company currently projects earnings in the range of $2.68 to $2.78 per share, with adjusted earnings ranging between $3.00 and $3.10 per share. Analysts currently expect full-year earnings of $3.10 per share.