Icon Plc Expected To Post Earnings Of $3.28 A Share: Earnings Preview

Icon

23/10/2023 18:53

* ICON PLC  ICLR.OQ   ICLR.O  is expected to show a rise in
quarterly revenue when it reports  results 
    * The Dublin-based  company is expected to report  a
5.8% increase
in revenue to $2.054 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 $3.28 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 2
"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
$288​, above​ its last closing price of $226.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  3.07        3.08       3.11      Beat    1.1
 Mar. 31 2023  2.88        2.88       2.90      Beat    0.9
 Dec. 31 2022  3.06        3.05       3.13      Beat    2.6​
 Sep. 30 2022  2.93        2.94       3.00      Beat    2
 ​​Jun.        2.76        2.79       2.86      Beat    2.3
 30 2022                                                
 Mar. 31 2022  2.70        2.70       2.76      Beat    2.3​
 Dec. 31 2021  2.61        2.62       2.63      Beat    0.3
 Sep. 30 2021  2.39        2.42       2.55      Beat    5.6
 This summary was machine generated October 23 at 17:53 GMT.  All
figures in US dollars  unless otherwise stated