ICON Public (NASDAQ:ICLR – Get Free Report) updated its FY24 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $14.65-$15.15 for the period, compared to the consensus estimate of $14.94. The company issued revenue guidance of $8.48-$8.72 billion, compared to the consensus revenue estimate of $8.64 billion.
ICON Public Stock Performance
Shares of ICLR traded up $2.99 during mid-day trading on Wednesday, hitting $309.44. 956,119 shares of the company’s stock were exchanged, compared to its average volume of 556,690. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. ICON Public has a 52 week low of $181.92 and a 52 week high of $344.77. The stock’s 50-day simple moving average is $317.97 and its 200-day simple moving average is $282.01. The firm has a market cap of $25.53 billion, a price-to-earnings ratio of 41.93, a price-to-earnings-growth ratio of 1.41 and a beta of 1.15.
ICON Public (NASDAQ:ICLR – Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The medical research company reported $3.40 EPS for the quarter, topping analysts’ consensus estimates of $3.27 by $0.13. ICON Public had a return on equity of 11.42% and a net margin of 7.54%. The company had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.08 billion. On average, equities research analysts expect that ICON Public will post 14.4 EPS for the current year.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on ICLR
About ICON Public
ICON Public Limited Company, a clinical research organization, provides outsourced development and commercialization services in Ireland, rest of Europe, the United States, and internationally. The company specializes in the strategic development, management, and analysis of programs that support various stages of the clinical development process from compound selection to Phase I-IV clinical studies.
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