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Icon PLC: 2Q Earnings Snapshot

July 24, 2019

DUBLIN (AP) _ Icon PLC (ICLR) on Wednesday reported second-quarter earnings of $91.9 million.

On a per-share basis, the Dublin-based company said it had net income of $1.69.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.

The contract research organization posted revenue of $695.1 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $692.4 million.

Icon PLC expects full-year earnings in the range of $6.75 to $6.95 per share, with revenue in the range of $2.76 billion to $2.84 billion.

Icon PLC shares have increased 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $156.42, a rise of 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICLR at https://www.zacks.com/ap/ICLR

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