Icon jumps after third-quarter profit beat

Icon

27/10/2026 21:50

** Shares of contract research firm Icon ICLR.O rise 9.3% to $200 in extended trading
** Posts Q3 adjusted profit per share of $2.66, compared with analysts' average estimate of $2.60, according to data compiled by LSEG
** Expects annual revenue of $8.1 billion to $8.2 billion from $7.85 billion to $8.15 billion; new midpoint $8.15 billion versus $8.0 billion
** Tightens annual adjusted profit forecast to $10.35 - $10.65 per share from $10 - $11
** As of last close, stock was mostly flat YTD 

 (Reporting by Siddhi Mahatole)
 ((siddhi.mahatole@thomsonreuters.com))