Icon Q2 Adj EPS $3.11 Beats $3.08 Estimate, Sales $2.02B Inline
Portfolio Pulse from Benzinga Newsdesk
Icon (NASDAQ:ICLR) reported Q2 adjusted earnings of $3.11 per share, beating the analyst consensus estimate of $3.08 by 0.97 percent. This is an 8.74 percent increase from the same period last year. The company also reported quarterly sales of $2.02 billion, in line with analyst estimates, marking a 4.39 percent increase from last year.
July 26, 2023 | 8:18 pm
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POSITIVE IMPACT
Icon's Q2 earnings beat analyst estimates and showed YoY growth, while sales met expectations and also showed YoY growth.
Icon's earnings beat and sales meeting expectations, both with YoY growth, are positive indicators for the company's financial performance. This is likely to have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100