Icon Plc Expected To Post Earnings Of $3.08 A Share: Earnings Preview

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25/07/2023 03:05

* ICON PLC  ICLR.OQ   ICLR.O  is expected to show a rise in
quarterly revenue when it reports  results on July 26. 
    * The Dublin-based  company is expected to report  a
4.3% increase
in revenue to $2.018 billion from $1.94 billion a year ago,
according to the mean estimate from 13 analysts, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ICON PLC is for
earnings
of $3.08 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ICON PLC is
$270​, above​ its last closing price of $242.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  2.88        2.88       2.90      Beat    0.9
 Dec. 31 2023  3.06        3.05       3.13      Beat    2.6
 Sep. 30 2022  2.93        2.94       3.00      Beat    2​
 Jun. 30 2022  2.76        2.79       2.86      Beat    2.3
 ​​Mar.        2.70        2.70       2.76      Beat    2.3
 31 2022                                                
 Dec. 31 2021  2.61        2.62       2.63      Beat    0.3​
 Sep. 30 2021  2.39        2.42       2.55      Beat    5.6
 Jun. 30 2021  2.10        2.09       2.27      Beat    8.5
 This summary was machine generated July 25 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated