Icon PLC (ICLR) came out with quarterly earnings of $3.35 per share, missing the Zacks Consensus Estimate of $3.85 per share. This compares to earnings of $3.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.99%. A quarter ago, it was expected that this contract research organization would post earnings of $3.69 per share when it actually produced earnings of $3.75, delivering a surprise of 1.63%.Over the last four quarte ...

Exhibit 99.1 Highlights ICON Reports Third Quarter 2024 Results • Net business wins in the quarter of $2,328 million. Reflects a net book to bill in the quarter of 1.15, and a trailing twelve month net book to bill of 1.21. • Closing backlog of $24.3 billion, an increase of 2.1% on quarter two 2024 and 9.4% on quarter three 2023. • Quarter three revenue of $2,030.0 million. Quarter three adjusted EBITDA of $418.8 million or 20.6% of revenue. • GAAP net income for the quarter of $197.1 million or $2.36 per d ...

Icon PLC (ICLR) shares ended the last trading session 3.3% higher at $289.81. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12.4% loss over the past four weeks. ICON plc. scored a strong price rise, driven by optimism surrounding its latest presentation at the Baird 2024 Global Healthcare Conference, held on Tuesday. Last month, the company announced the appointment of Nigel Clerkin as its new Chief Financial Off ...

ICON plc (ICLR) is well-poised to grow in the coming quarters, driven by its meaningful strategic additions. The company is committed to improving patient access and engagement strategy. Meanwhile, concerns about the adverse macroeconomic impacts as well as currency fluctuations remain, which may hamper ICON's performance. In the past year, this Zacks Rank #3 (Hold) company has gained 27% compared with the industry's 9.9% growth and 27.1% rise of the S&P 500 composite. The leading healthcare intelligence an ...

A month has gone by since the last earnings report for Icon PLC (ICLR) . Shares have added about 2.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Icon PLC due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. ICON Q2 Earnings Surpass Estimates, Margins Expand ICO ...

ICON plc (ICLR) delivered second-quarter 2024 adjusted earnings per share of $3.75, up 20.6% from the yearago period's figure. The metric also outpaced the Zacks Consensus Estimate by 1.7%. Total revenues rose 4.9% year over year to $2.12 billion, up 5.3% at constant exchange rate or CER. The metric missed the Zacks Consensus Estimate by a marginal 0.6%. Margins During the quarter, Selling, general and administrative expenses rose 3.5% to $194.5 million. Cash Position Cumulative cash flow provided by operat ...

ICON Public Limited Company (NASDAQ:ICLR) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Kate Haven - Vice President of Investor Relations Steve Cutler - Chief Executive Officer Brendan Brennan - Chief Financial Officer Conference Call Participants Justin Bowers - Deutsche Bank David Windley - Jefferies Max Smock - William Blair Elizabeth Anderson - Evercore ISI Patrick Donnelly - Citi Michael Ryskin - Bank of America Eric Coldwell - Baird Luke Sergott - Barclays Jailendra Si ...

| --- | --- | --- | --- | --- | |---------------|----------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------|------------------------------------------------------ ...

Icon PLC (ICLR) came out with quarterly earnings of $3.75 per share, beating the Zacks Consensus Estimate of $3.69 per share. This compares to earnings of $3.11 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the ear ...

Exhibit 99.1 ICON Reports Second Quarter 2024 Results Highlights Dublin, Ireland, July 24, 2024 – ICON plc (NASDAQ: ICLR), a world-leading healthcare intelligence and clinical research organization, today reported its financial results for the second quarter ended June 30, 2024. Gross business wins in the second quarter were $3,072 million and cancellations were $493 million. This resulted in net business wins of $2,579 million and a book to bill of 1.22. Revenue for the second quarter was $2,120.2 million. ...