Skip to main content

Icon PLC: Q4 Earnings Snapshot

DUBLIN 18, Ireland (AP) — Icon PLC (ICLR) on Wednesday reported fourth-quarter profit of $149.2 million.

On a per-share basis, the Dublin 18, Ireland-based company said it had profit of $1.93. Earnings, adjusted for one-time gains and costs, came to $2.52 per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.30 per share.

The contract research organization posted revenue of $2.11 billion in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $2 billion.

For the year, the company reported profit of $229.3 million, or $2.90 per share. Revenue was reported as $8.25 billion.

Icon PLC expects full-year earnings in the range of $10 to $11 per share, with revenue in the range of $7.85 billion to $8.15 billion.

_____

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story