Icon Plc Expected To Post Earnings Of $3.45 A Share: Earnings Preview

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19/02/2024 21:06

* ICON PLC  ICLR.OQ   ICLR.O  is expected to show a rise in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Dublin-based  company is expected to report a
6.6% increase
in revenue to $2.091 billion from $1.96 billion a year ago,
according to the mean estimate from 15 analysts, based on LSEG
data. (Majority is on Total Revenue basis)
    * ​LSEG's mean analyst estimate for ICON PLC is for earnings
of
$3.45 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 1
"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
$311.50​, above​ its last closing price of $289.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  3.28        3.28       3.30      Beat    0.6
 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.        2.93        2.94       3.00      Beat    2
 30 2022                                                
 Jun. 30 2022  2.76        2.79       2.86      Beat    2.3​
 Mar. 31 2022  2.70        2.70       2.76      Beat    2.3
 Dec. 31 2021  2.61        2.62       2.63      Beat    0.3
 This summary was machine generated February 19 at 21:06 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)