ICON rises on upbeat 2023 profit forecast

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10/01/2023 15:24

** ICON Plc's shares  ICLR.O  jump 7.5% to $216 - biggest
pct. gain in nearly 3 months
    ** Clinical research organization sees 2023 adjusted profit
in range of $12.40 to $13.05 per share, above analysts' estimate
of $12.34 per share - Refinitiv IBES data  urn:newsml:reuters.com:*:nBw7HG5YDa
    ** ICLR expects 2023 sales to be in range of $7.94 billion
to $8.34 billion vs analysts' estimate of $8.14 million -
Refinitiv IBES data
    ** Co reaffirms 2022 sales and adjusted profit guidance
    ** Including session gains, stock up ~11% YTD 
 (Reporting by Khushi Mandowara)
 ((Khushi.Mandowara@thomsonreuters.com;))