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Icon PLC (ICLR) Up 2.5% Since Last Earnings Report: Can It Continue?
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It has been about a month since the last earnings report for Icon PLC (ICLR - Free Report) . Shares have added about 2.5% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Icon PLC due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.
ICLR Q2 Earnings Miss Estimates, Revenues Beat
ICON posted second-quarter 2026 adjusted earnings per share of $2.56, down 21.5% from the year-ago period’s reported figure. The metric missed the Zacks Consensus Estimate by 0.4%.
The company reported GAAP EPS of 94 cents compared with $2.56 a year ago.
ICLR’s Q2 Revenues
Total revenues increased 1.4% year over year to $2.06 billion. The figure was up 0.4% on a constant-currency (CER) basis. The metric surpassed the Zacks Consensus Estimate by 3.5%.
ICLR’s 2026 Guidance
The company reiterated full-year financial guidance for 2026 with revenues expected in the range of $7.85-$8.15 billion. The Zacks Consensus Estimate for the metric is currently pegged at $8.09 billion.
Adjusted EPS is expected to be in the range of $10.00-$11.00. The Zacks Consensus Estimate for ICON’s earnings is pegged at $10.61 per share.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in estimates revision.
VGM Scores
At this time, Icon PLC has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. Following the exact same course, the stock was allocated a score of B on the value side, putting it in the top 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Icon PLC has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Icon PLC belongs to the Zacks Medical Services industry. Another stock from the same industry, Elevance Health (ELV - Free Report) , has gained 6% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026.
Elevance Health reported revenues of $49.83 billion in the last reported quarter, representing a year-over-year change of +0.8%. EPS of $7.45 for the same period compares with $8.84 a year ago.
Elevance Health is expected to post earnings of $4.80 per share for the current quarter, representing a year-over-year change of -20.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.7%.
Elevance Health has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.
View the Zacks #1 Rank List
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Icon PLC (ICLR) Up 2.5% Since Last Earnings Report: Can It Continue?
It has been about a month since the last earnings report for Icon PLC (ICLR - Free Report) . Shares have added about 2.5% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Icon PLC due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.
ICLR Q2 Earnings Miss Estimates, Revenues Beat
ICON posted second-quarter 2026 adjusted earnings per share of $2.56, down 21.5% from the year-ago period’s reported figure. The metric missed the Zacks Consensus Estimate by 0.4%.
The company reported GAAP EPS of 94 cents compared with $2.56 a year ago.
ICLR’s Q2 Revenues
Total revenues increased 1.4% year over year to $2.06 billion. The figure was up 0.4% on a constant-currency (CER) basis. The metric surpassed the Zacks Consensus Estimate by 3.5%.
ICLR’s 2026 Guidance
The company reiterated full-year financial guidance for 2026 with revenues expected in the range of $7.85-$8.15 billion. The Zacks Consensus Estimate for the metric is currently pegged at $8.09 billion.
Adjusted EPS is expected to be in the range of $10.00-$11.00. The Zacks Consensus Estimate for ICON’s earnings is pegged at $10.61 per share.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in estimates revision.
VGM Scores
At this time, Icon PLC has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. Following the exact same course, the stock was allocated a score of B on the value side, putting it in the top 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Icon PLC has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Icon PLC belongs to the Zacks Medical Services industry. Another stock from the same industry, Elevance Health (ELV - Free Report) , has gained 6% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026.
Elevance Health reported revenues of $49.83 billion in the last reported quarter, representing a year-over-year change of +0.8%. EPS of $7.45 for the same period compares with $8.84 a year ago.
Elevance Health is expected to post earnings of $4.80 per share for the current quarter, representing a year-over-year change of -20.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.7%.
Elevance Health has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.