ICON Reports Third Quarter 2016 Results
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Jefferies Raises Price Target on ICON plc (ICLR) to $87.50; Reiterates Hold
October 21, 2016 8:36 AM EDTJefferies reiterated a Hold rating on ICON plc (NASDAQ: ICLR), and raised the price target to $87.50 (from $80.00), following the company's 3Q. Revenue grew ~15.7% in 3Q and ~11.8% YTD. SG&A has remained flat for 6 quarters and has declined 140 bps as a percentage of revenue. ICLR... More
ICON plc (ICLR) Tops Q3 EPS by 1c
October 20, 2016 9:26 AM EDTICON plc (NASDAQ: ICLR) reported Q3 EPS of $1.19, $0.01 better than the analyst estimate of $1.18. Revenue for the quarter came in at $420 million versus the consensus estimate of $420.14 million.
CEO Ciaran Murray commented, Quarter three was a strong quarter for ICON. Net business wins... More
