ICON plc (ICLR) Releases Quarterly Earnings Results
ICON plc (NASDAQ:ICLR) released its earnings data on Thursday. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.08, Analyst Ratings Net reports. The company had revenue of $345.00 million for the quarter, compared to the consensus estimate of $339.86 million. ICON plc updated its FY14 guidance to $2.05-2.20 EPS.
Shares of ICON plc (NASDAQ:ICLR) traded up 6.53% during mid-day trading on Thursday, hitting $47.215. 1,382,269 shares of the company’s stock traded hands. ICON plc has a one year low of $27.97 and a one year high of $45.93. The stock’s 50-day moving average is $42.29 and its 200-day moving average is $40.08. The company has a market cap of $2.890 billion and a P/E ratio of 30.15.
ICON public limited company (NASDAQ:ICLR) is a contract research organization (CRO), providing outsourced development services on a global basis to the pharmaceutical, biotechnology and medical device industries.
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