PAREXEL International Profit Climbs 7% In Q1

(RTTNews) - PAREXEL International (PRXL) announced earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $39.0 million, or $0.70 per share. This was up from $36.3 million, or $0.65 per share, in last year's first quarter.

Analysts had expected the company to earn $0.63 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.0% to $585.2 million. This was up from $573.7 million last year.

PAREXEL International earnings at a glance:

-Earnings (Q1): $39.0 Mln. vs. $36.3 Mln. last year. -Earnings Growth (Y-o-Y): 7.4% -EPS (Q1): $0.70 vs. $0.65 last year. -EPS Growth (Y-o-Y): 7.7% -Analysts Estimate: $0.63 -Revenue (Q1): $585.2 Mln vs. $573.7 Mln last year. -Revenue Change (Y-o-Y): 2.0%

-Guidance: Next quarter EPS guidance: $0.66 - $0.74 Next quarter revenue guidance: $518 - $528 Mln Full year EPS guidance: $3.19 - $3.39 Full year revenue guidance: $2.120 - $2.160 Bln