DUBLIN 18, Ireland (AP) — Icon PLC (ICLR) on Wednesday reported third-quarter profit of $197.1 million.
The Dublin 18, Ireland-based company said it had net income of $2.36 per share. Earnings, adjusted for one-time gains and costs, were $3.35 per share.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.85 per share.
The contract research organization posted revenue of $2.03 billion in the period, which also fell short of Street forecasts. Six analysts surveyed by Zacks expected $2.14 billion.
Icon PLC expects full-year earnings in the range of $13.90 to $14.10 per share, with revenue in the range of $8.26 billion to $8.3 billion.
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