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ICON earnings ahead: First since accounting probe ends

ICON reports earnings Monday. First results since accounting probe ends. Analysts expect EPS of $3.00 on revenue of $1.96B.

Chloe Hall
ByChloe Hall- Senior Editor
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ICON PLC reports quarterly earnings Monday as investors seek their first clear look at the clinical research giant’s operations since it completed a months-long accounting investigation.

Analysts expect the Dublin-based contract research organization to post adjusted earnings of $3.00 per share on revenue of $1.96 billion, marking sequential declines.

ICON remains the world’s second-largest clinical research organization. Analysts rate the stock a Buy, with a mean price target of $132.60.

Investors are watching whether ICON will reinstate guidance and provide restated financials.

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