PAREXEL International Reveals 47% Advance In Q4 Bottom Line

(RTTNews) - PAREXEL International (PRXL) reported a profit for its fourth quarter that gained ground from last year.

The company said its bottom line rose to $50.3 million, or $0.94 per share. This was higher than $34.2 million, or $0.79 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.93 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.7% to $627.8 million. This was up from $605.2 million last year.

PAREXEL International earnings at a glance:

-Earnings (Q4): $50.3 Mln. vs. $34.2 Mln. last year. -Earnings Growth (Y-o-Y): 47.1% -EPS (Q4): $0.94 vs. $0.79 last year. -EPS Growth (Y-o-Y): 19.0% -Analysts Estimate: $0.93 -Revenue (Q4): $627.8 Mln vs. $605.2 Mln last year. -Revenue Change (Y-o-Y): 3.7%

-Guidance: Next quarter EPS guidance: $0.82-$0.90 Next quarter revenue guidance: $520-$530 Mln