ICON Reports First Quarter 2019 Results

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ICON plc (ICLR) Tops Q1 EPS by 3c, Revenues Beat; Raises FY19 EPS/Revenue Mid-Point Guidance Below Consensus

May 1, 2019 5:16 PM EDT

ICON plc (NASDAQ: ICLR) reported Q1 EPS of $1.63, $0.03 better than the analyst estimate of $1.60. Revenue for the quarter came in at $674.9 million versus the consensus estimate of $668.18 million.

Net business wins (including pass-through) in the quarter of $885 million; a book to bill of 1.31.Closing backlog (including pass-through) of $7.9 billion, a year on year increase of 10.5%.Quarter 1 reported revenue of $675 million. This represents a year on year increase of 8.8% or 11.1% on a... More