ICLR Earnings Prediction
The chart below shows how ICLR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ICLR sees a +0.03% change in stock price 10 days leading up to the earnings, and a +0.70% change 10 days following the report. On the earnings day itself, the stock moves by +0.64%. This data can give you a slight idea of what to expect for the next quarter's release.
ICLR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.03B
-1.22%
-4.25%
Gross Margin
24.55%
9.70%
9.16%
Operating Margin
14.45%
8.08%
8.48%
Net Margin
9.71%
21.98%
40.12%
EPS
2.36
19.80%
34.09%
No Data Available
ICLR Earnings Analysis
Icon Plc Corporation (ICLR.O) Earnings Conference Call
Positive
Gross Business Wins Decline: I C O N achieved gross business wins of $2.832 billion, a decrease of 7.3% on a year-over-year basis.
Net Awards and Cancellations: We recorded $504 million worth of cancellations resulting in net awards in the quarter of $2.328 billion and net book-to-bill of 1.15x.
Record Backlog Growth: Our backlog grew to a record $24.3 billion, representing an increase of 2.1% on quarter two of quarter three of 2024, or an increase of 9.4% year-over-year.
Quarter Three Revenue Decline: Revenue in quarter three was $2.03 billion, representing a year-on-year decrease of 1.2% or 1% on a constant currency basis.
Adjusted EBITDA Performance: Adjusted EBITDA was $418.8 million for the quarter or 20.6% of revenue.
Negative
Q3 Business Wins Decline: I.C.O.N's results for the third quarter were not in line with expectations we had previously anticipated, with gross business wins decreasing by 7.3% year-over-year to $2.83 billion.
Net Awards Impact: The company recorded $504 million worth of cancellations, resulting in net awards of $2.328 billion, indicating a significant impact on revenue.
Quarter Three Revenue Decline: Revenue in quarter three was $2.03 billion, representing a year-on-year decrease of 1.2% or 1% on a constant currency basis.
Gross Margin Decline: Gross margin for the quarter was 29.5%, a decrease of 40 basis points compared to the prior quarter of 2024, indicating pressure on profitability.
SG&A Expense Analysis: Total SG&A expense was $180.4 million in quarter three, or 8.9% of revenue, which is an increase of 20 basis points from the prior quarter.
ICLR FAQs
How does ICLR typically perform around its earnings report dates?
Is ICON Public Limited Company (ICLR) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
ICLR Earning Call Sentiment
ICON Public Limited Company (ICLR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ICLR.O
0.75%Positive
The earnings call presents mixed signals: while there are positives like shareholder returns and an increase in adjusted EPS, there are also concerns about revenue decline, slower-than-expected biotech recovery, and unclear guidance. The Q&A section highlights uncertainties, particularly regarding biotech and future growth. Given these mixed factors and the absence of a market cap, the stock price is likely to remain stable in the short term, leading to a neutral prediction.
