DUBLIN 18, Ireland (AP) — Icon PLC (ICLR) on Wednesday reported first-quarter net income of $116.7 million.
On a per-share basis, the Dublin 18, Ireland-based company said it had net income of $1.41. Earnings, adjusted for one-time gains and costs, were $2.90 per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.98 per share.
The contract research organization posted revenue of $1.98 billion in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $1.99 billion.
Icon PLC expects full-year earnings in the range of $12.40 to $13.05 per share, with revenue in the range of $7.94 billion to $8.34 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICLR at https://www.zacks.com/ap/ICLR