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Published on 11/7/2006 in the Prospect News Biotech Daily.

Charles River Labs on hold by Jefferies

Jefferies & Co., Inc. analyst David Windley rated Charles River Laboratories International, Inc. at hold on news of the company's stronger-than-expected third-quarter results. The company reported non-GAAP earnings per share of $0.56 on $264.7 million in revenue, compared with the analyst's estimate of $0.52 on $264.8 million and consensus of $0.54 on $263.9 million. Shares of the Wilmington, Mass.-based pharmaceutical products company were up $1.46, or 3.43%, at $44.06. (NYSE: CRL)


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