PAREXEL International Corp. Issues Q4, FY 2012 Mixed Guidance

PAREXEL International Corp. announced that for fourth quarter of 2012, it expects consolidated service revenue of $376.0-$381.0 million, GAAP earnings per diluted share in the range of $0.28-$0.30. For fiscal 2012, it expects consolidated service revenue to be in the range of $1.380-$1.385 billion, GAAP earnings per diluted share in the range of $1.03-$1.05, and adjusted earnings per diluted share (EPS) in the range of $1.04-$1.06 (which exclude the impact of restructuring and related charges and certain Q3 fiscal 2012 tax benefits). According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $366.4 million and EPS of $0.37 for fourth quarter of 2012; revenue of $1.366 billion and EPS of $1.12 for fiscal 2012.