PAREXEL International Reports Fourth Quarter and Fiscal Year 2016 Results
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PAREXEL (PRXL) PT Raised to $78.50 at Evercore ISI
August 4, 2016 2:27 PM EDTEvercore ISI analyst Ross Muken reiterated a Buy rating and raised his price target on PAREXEL International (NASDAQ: PRXL) to $78.50 (from $71.00) following results.
Muken commented, "Outgoing CFO, Ingo Bank, may not have been with PAREXEL very long, but he left a mark on the companys profitability. We continue to be impressed with the margin inflection executed by his MAP program, leading to... More
Parexel (PRXL) Reports In-Line Q4 EPS, Offers FY17 and Q1 Guidance
August 3, 2016 4:35 PM EDTParexel (NASDAQ: PRXL) reported Q4 EPS of $0.94, in-line with the analyst estimate of $0.94. Revenue for the quarter came in at $538.6 million versus the consensus estimate of $532.58 million.
GUIDANCE:
Parexel sees FY2017 EPS of $3.79-$4.05, versus the consensus of $3.89. Parexel sees... More
