Icon Plc Reports Results For The Quarter Ended In March: Earnings Summary

Icon

27/04/2023 01:43

* ICON PLC  ICLR.OQ  reported quarterly adjusted earnings of
$2.90​​ per share for the quarter ended in March. The mean
expectation of sixteen analysts for the quarter was for earnings
of $2.88 per share.
    * Revenue rose 4% to $1.98 billion from a year ago; analysts
expected $1.98 billion. 
    * ICON PLC's reported EPS for the quarter was $1.41​.
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * ICON PLC shares had fallen by 4.9% this quarter and
gained 4.6%
so far this year.
    * The company reported quarterly net income of $116.65
million.
    * Wall Street's median 12-month price target for ICON PLC is
$265.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 12:42 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      2.88           2.90           Beat
 Dec. 31 2022      3.05           3.13           Beat
 Sep. 30 2022      2.94           3.00           Beat
 Jun. 30 2022      2.79           2.86           Beat