PAREXEL International Q1 Profit Rises 4%

(RTTNews) - PAREXEL International (PRXL) released earnings for its first quarter that rose from last year.

The company said its bottom line rose to $40.7 million, or $0.76 per share. This was up from $39.0 million, or $0.70 per share, in last year's first quarter.

Analysts had expected the company to earn $0.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.8% to $580.7 million. This was down from $585.2 million last year.

PAREXEL International earnings at a glance:

-Earnings (Q1): $40.7 Mln. vs. $39.0 Mln. last year. -Earnings Growth (Y-o-Y): 4.4% -EPS (Q1): $0.76 vs. $0.70 last year. -EPS Growth (Y-o-Y): 8.6% -Analysts Estimate: $0.86 -Revenue (Q1): $580.7 Mln vs. $585.2 Mln last year. -Revenue Change (Y-o-Y): -0.8%

-Guidance: Next quarter EPS guidance: $0.76-$0.90 Next quarter revenue guidance: $535-$550 Mln Full year EPS guidance: $3.71-$4.05 Full year revenue guidance: $2.150-$2.190 Bln