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Deciphering Charles River (CRL) International Revenue Trends
CRLCharles River(CRL) ZACKS·2025-02-24 15:15

Core Insights - Charles River Laboratories (CRL) reported total revenue of 1billionforthequarterendingDecember2024,reflectingayearoveryeardeclineof1.11 billion for the quarter ending December 2024, reflecting a year-over-year decline of 1.1% [4] - The company's international revenue performance is crucial for understanding its financial resilience and growth prospects, given its global presence [1][2] International Revenue Breakdown - Canada generated 119.36 million, accounting for 11.91% of total revenue, exceeding Wall Street's estimate by 11.37% [5] - Other International markets, including Brazil and Israel, contributed 17.12million,representing1.7117.12 million, representing 1.71% of total revenue, with a significant surprise of 305.74% compared to estimates [6] - Asia Pacific contributed 55.78 million, or 5.56% of total revenue, surpassing expectations by 5.59% [7] - Europe accounted for 263.33million,makingup26.27263.33 million, making up 26.27% of total revenue, slightly exceeding analyst expectations by 0.8% [8] Revenue Forecasts - Analysts predict total revenue of 949.88 million for the current fiscal quarter, indicating a decline of 6.1% from the prior year [9] - For the full year, total revenue is expected to reach $3.84 billion, reflecting a decline of 5.3% from the previous year [10] Market Dependency and Trends - The company's reliance on international markets presents both opportunities and challenges, making the monitoring of overseas revenue trends essential for predicting future performance [12] - Analysts are particularly focused on these trends amid increasing global interconnections and geopolitical uncertainties [13] Stock Market Performance - Over the past month, CRL's stock has declined by 1.2%, while the Zacks S&P 500 composite fell by 0.5% [16] - In the last three months, CRL shares have decreased by 18.1%, contrasting with a 1.4% increase in the S&P 500 [16]