ICON Reports Second Quarter 2016 Results

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ICON plc (ICLR) PT Raised to $81.50 at Evercore ISI Following Better Than Feared Q2

July 26, 2016 12:34 PM EDT

Evercore ISI analyst Ross Muken raised his price target on ICON plc (NASDAQ: ICLR) price target of $81.50 (from $76.00) but maintained a Hold rating following Q2 results.

Muken commented, "ICONs Q ended up better than feared with the recent acquisition of CRM and strong OpEx management allowing for only a slight change to the FY revenue expectation and a... More

ICON plc (ICLR) Reports In-Line Q2 EPS

July 26, 2016 6:14 AM EDT

ICON plc (NASDAQ: ICLR) reported Q2 EPS of $1.14, in-line with the analyst estimate of $1.14. Revenue for the quarter came in at $411 million versus the consensus estimate of $409.97 million.

GUIDANCE:

ICON plc sees FY2016 revenue of $1.665-1.680 billion, versus the consensus... More