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IQVIA Holdings Inc. Q3 Profit Increases, Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

IQVIA Holdings Inc. (IQV) reported earnings for its third quarter that Increased from last year and beat the Street estimates.

The company's earnings came in at $331 million, or $1.93 per share. This compares with $285 million, or $1.55 per share, last year.

Excluding items, IQVIA Holdings Inc. reported adjusted earnings of $515 million or $3.00 per share for the period.

Analysts on average had expected the company to earn $2.98 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.2% to $4.100 billion from $3.896 billion last year.

IQVIA Holdings Inc. earnings at a glance (GAAP) :

-Earnings: $331 Mln. vs. $285 Mln. last year.
-EPS: $1.93 vs. $1.55 last year.
-Revenue: $4.100 Bln vs. $3.896 Bln last year.

-Guidance:
Full year EPS guidance: $11.85 - $11.95
Full year revenue guidance: $16,150-$16,250 Mln

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