ICON PLC Earnings Estimate

ICLR Stock  USD 201.72  3.60  1.82%   
The next projected EPS of ICON PLC is estimated to be 3.49705 with future projections ranging from a low of 3.484575 to a high of 3.51025. ICON PLC's most recent 12-month trailing earnings per share (EPS TTM) is at 9.0. Please be aware that the consensus of earnings estimates for ICON PLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
ICON PLC is projected to generate 3.49705 in earnings per share on the 31st of December 2024. ICON PLC earnings estimates show analyst consensus about projected ICON PLC EPS (Earning Per Share). It derives the highest and the lowest estimates based on ICON PLC's historical volatility. Many public companies, such as ICON PLC, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

ICON PLC Revenue Breakdown by Earning Segment

By analyzing ICON PLC's earnings estimates, investors can diagnose different trends across ICON PLC's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, ICON PLC's Gross Profit is relatively stable compared to the past year. As of 01/30/2025, Pretax Profit Margin is likely to grow to 0.13, while Operating Profit Margin is likely to drop 0.1.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.

ICON PLC Earnings Estimation Breakdown

The calculation of ICON PLC's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of ICON PLC is estimated to be 3.49705 with the future projection ranging from a low of 3.484575 to a high of 3.51025. Please be aware that this consensus of annual earnings estimates for ICON PLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
3.35
3.48
Lowest
Expected EPS
3.49705
3.51
Highest

ICON PLC Earnings Projection Consensus

Suppose the current estimates of ICON PLC's value are higher than the current market price of the ICON PLC stock. In this case, investors may conclude that ICON PLC is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and ICON PLC's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
1997.19%
3.35
3.49705
9.0

ICON PLC Earnings History

Earnings estimate consensus by ICON PLC analysts from Wall Street is used by the market to judge ICON PLC's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only ICON PLC's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

ICON PLC Quarterly Gross Profit

591.41 Million

At this time, ICON PLC's Retained Earnings are relatively stable compared to the past year. As of 01/30/2025, Price Earnings To Growth Ratio is likely to grow to 1.76, while Earnings Yield is likely to drop 0.03. As of 01/30/2025, Net Income Applicable To Common Shares is likely to grow to about 610.2 M, while Common Stock Shares Outstanding is likely to drop slightly above 47.6 M.
Hype
Prediction
LowEstimatedHigh
199.27201.52203.77
Details
Intrinsic
Valuation
LowRealHigh
181.55209.71211.96
Details
Naive
Forecast
LowNextHigh
193.46195.71197.96
Details
18 Analysts
Consensus
LowTargetHigh
243.99268.12297.62
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of ICON assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards ICON PLC. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving ICON PLC's stock price in the short term.

ICON PLC Earnings per Share Projection vs Actual

Actual Earning per Share of ICON PLC refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering ICON PLC predict the company's earnings will be in the future. The higher the earnings per share of ICON PLC, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

ICON PLC Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as ICON PLC, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of ICON PLC should always be considered in relation to other companies to make a more educated investment decision.

ICON Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact ICON PLC's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-23
2024-09-303.843.35-0.4912 
2024-07-24
2024-06-303.683.750.07
2024-04-24
2024-03-313.413.470.06
2024-03-12
2023-12-313.443.460.02
2023-10-25
2023-09-303.283.30.02
2023-07-26
2023-06-303.083.110.03
2023-04-26
2023-03-312.882.90.02
2023-02-22
2022-12-313.053.130.08
2022-11-02
2022-09-302.943.00.06
2022-07-27
2022-06-302.792.860.07
2022-04-27
2022-03-312.72.760.06
2022-02-22
2021-12-312.622.630.01
2021-11-03
2021-09-302.422.550.13
2021-07-21
2021-06-302.092.270.18
2021-04-28
2021-03-311.972.060.09
2021-02-24
2020-12-311.831.90.07
2020-10-21
2020-09-301.531.720.1912 
2020-07-22
2020-06-301.11.20.1
2020-04-22
2020-03-311.681.70.02
2020-02-19
2019-12-311.831.830.0
2019-10-23
2019-09-301.741.740.0
2019-07-24
2019-06-301.681.690.01
2019-05-01
2019-03-311.61.630.03
2019-02-20
2018-12-311.61.620.02
2018-10-24
2018-09-301.541.540.0
2018-07-25
2018-06-301.481.510.03
2018-05-02
2018-03-311.421.420.0
2018-02-15
2017-12-311.421.430.01
2017-10-26
2017-09-301.321.350.03
2017-07-27
2017-06-301.31.310.01
2017-04-27
2017-03-311.271.290.02
2017-02-16
2016-12-311.261.260.0
2016-10-20
2016-09-301.181.190.01
2016-07-26
2016-06-301.141.140.0
2016-04-26
2016-03-311.111.120.01
2016-02-23
2015-12-311.11.110.01
2015-10-27
2015-09-301.011.020.01
2015-07-28
2015-06-300.890.950.06
2015-04-28
2015-03-310.820.860.04
2015-02-25
2014-12-310.760.870.1114 
2014-10-22
2014-09-300.70.790.0912 
2014-07-30
2014-06-300.580.640.0610 
2014-04-30
2014-03-310.50.570.0714 
2014-02-20
2013-12-310.450.530.0817 
2013-10-24
2013-09-300.410.450.04
2013-07-25
2013-06-300.380.430.0513 
2013-04-25
2013-03-310.340.360.02
2013-02-19
2012-12-310.330.340.01
2012-11-01
2012-09-300.270.290.02
2012-07-24
2012-06-300.220.21-0.01
2012-04-24
2012-03-310.150.150.0
2012-02-16
2011-12-310.090.07-0.0222 
2011-10-27
2011-09-300.010.020.01100 
2011-07-20
2011-06-300.220.21-0.01
2011-04-21
2011-03-310.210.210.0
2011-02-24
2010-12-310.360.360.0
2010-10-21
2010-09-300.370.33-0.0410 
2010-07-27
2010-06-300.370.380.01
2010-04-27
2010-03-310.370.370.0
2010-02-25
2009-12-310.380.40.02
2009-10-21
2009-09-300.340.40.0617 
2009-07-22
2009-06-300.340.380.0411 
2009-04-28
2009-03-310.340.350.01
2009-02-23
2008-12-310.340.350.01
2008-10-21
2008-09-300.320.350.03
2008-07-22
2008-06-300.290.310.02
2008-04-29
2008-03-310.270.280.01
2008-02-21
2007-12-310.250.270.02
2007-10-23
2007-09-300.230.250.02
2007-07-26
2007-06-300.220.230.01
2007-04-24
2007-03-310.20.210.01
2007-02-13
2006-12-310.180.20.0211 
2006-10-27
2006-09-300.170.180.01
2006-07-26
2006-06-300.140.160.0214 
2006-04-28
2006-03-310.130.130.0
2006-01-10
2005-12-310.120.120.0
2005-09-27
2005-06-300.110.110.0
2005-03-30
2004-12-310.090.090.0
2004-09-28
2004-06-300.130.130.0
2004-04-01
2004-03-310.120.120.0
2004-01-13
2003-12-310.110.110.0
2003-09-30
2003-06-300.10.110.0110 
2003-03-31
2002-12-310.10.10.0
2002-10-08
2002-09-300.080.080.0
2002-07-30
2002-06-300.070.080.0114 
2002-03-26
2001-12-310.070.070.0
2001-09-25
2001-06-300.070.070.0
2001-03-27
2000-12-310.060.060.0
2000-10-09
2000-09-300.050.050.0
2000-07-25
2000-06-300.050.050.0
2000-04-04
2000-03-310.050.050.0
2000-01-11
1999-12-310.040.040.0
1999-07-28
1999-06-300.030.040.0133 
1999-03-30
1998-12-310.040.050.0125 
1998-10-01
1998-09-300.040.040.0
1998-09-30
1998-06-300.040.040.0

About ICON PLC Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of ICON PLC earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current ICON PLC estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as ICON PLC fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings2.8 B2.9 B
Earnings Yield 0.03  0.03 
Price Earnings Ratio 34.16  18.70 
Price Earnings To Growth Ratio 1.68  1.76 

Pair Trading with ICON PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ICON PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ICON PLC will appreciate offsetting losses from the drop in the long position's value.

Moving against ICON Stock

  0.49BMY Bristol Myers Squibb Earnings Call This WeekPairCorr
The ability to find closely correlated positions to ICON PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICON PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ICON PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ICON PLC to buy it.
The correlation of ICON PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ICON PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICON PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ICON PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for ICON Stock Analysis

When running ICON PLC's price analysis, check to measure ICON PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICON PLC is operating at the current time. Most of ICON PLC's value examination focuses on studying past and present price action to predict the probability of ICON PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PLC's price. Additionally, you may evaluate how the addition of ICON PLC to your portfolios can decrease your overall portfolio volatility.