Earnings Preview: Icon
Portfolio Pulse from Benzinga Insights
Icon (NASDAQ:ICLR) is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an EPS of $3.28. Last quarter, the company beat EPS by $0.03, which was followed by a 4.53% drop in the share price. Icon's shares were trading at $222.83 as of October 23, with a 19.68% increase over the last 52-week period.
October 24, 2023 | 9:01 pm
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NEUTRAL IMPACT
Icon's upcoming earnings report could impact its stock price. Last quarter's EPS beat led to a 4.53% drop in share price. The stock has seen a 19.68% increase over the last 52 weeks.
Icon's earnings report is a significant event that could influence its stock price. The company's past performance shows that even when it beats EPS estimates, the stock price can drop, as it did last quarter. However, the stock has been performing well over the past year, which could indicate investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100