Icon Plc Reports Results For The Quarter Ended March 31: Earnings Summary

Icon

30/04/2025 22:55

ICON PLC ICLR.OQ reported quarterly adjusted earnings of $3.19​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $3.47.  The mean expectation of sixteen analysts for the quarter was for earnings of $3.12 per share. Wall Street expected results to range from $3.00  to $3.30 per share.

Revenue fell 4.3% to $2.00 billion from a year ago; analysts expected $2.01 billion.

ICON PLC's reported EPS for the quarter was $1.90​.

The company reported quarterly net income of $154.15 million.

ICON PLC shares had fallen by 14.7% this quarter and lost 28.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.4% in the last three months.​

In the last 30 days, ten analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

Wall Street's median 12-month price target for ICON PLC is $206.00

This summary was machine generated from LSEG data April 30 at 09:55 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
3.12
3.19
Beat
Dec. 31 2024
3.40
3.43
Beat
Sep. 30 2024
3.84
3.35
Missed
Jun. 30 2024
3.68
3.75
Beat