ICON Reaffirms FY24 Revenue Guidance Of $8.48B-$8.72B Vs $8.64B Est.; Raises FY24 EPS From $14.65-$15.15 To $14.75-$15.25 Vs $14.98 Est.
Portfolio Pulse from Benzinga Newsdesk
ICON has reaffirmed its FY24 revenue guidance of $8.48B-$8.72B and raised its FY24 EPS guidance to $14.75-$15.25. This represents a year-over-year revenue increase of 4.4% to 7.4% and an EPS increase of 15.3% to 19.2%.
May 30, 2024 | 12:31 pm
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ICON has reaffirmed its FY24 revenue guidance and raised its FY24 EPS guidance, indicating strong financial performance and growth expectations.
The reaffirmation of revenue guidance and the increase in EPS guidance suggest strong financial health and growth prospects for ICON. This is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100