Back to top

Bear of the Day

CRA International's (CRAI) first quarter 2012 results were discouraging. Earnings lagged the Zacks Consensus Estimate significantly, owing to the drastically poor performance of its management consulting business. As a result, all key-line items experienced a downside.

The performance of management consulting suffered because of delays in several projects, particularly in Europe. Although management reaffirmed its outlook for 2012, based on first quarter results, we remain skeptical about its target.

Moreover, we are concerned about the ongoing economic uncertainty in Europe, cautious spending by clients, stiff competition and currency fluctuations. Hence, we downgrade the stock from Neutral to Underperform.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 3.69 +3.94%
BANCO DO BR… BDORY 14.45 +3.58%
WEATHERFORD… WFT 23.75 +3.55%
AIR INDUSTR… AIRI 9.89 +3.13%
EQT MIDSTRE… EQM 97.67 +2.89%