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IQVIA Holdings Inc. (IQV) revealed a profit for its third quarter that increased from the same period last year.


RTTNews | Oct 21, 2021 07:14AM EDT

07:14 Thursday, October 21, 2021 (RTTNews.com) - IQVIA Holdings Inc. (IQV) revealed a profit for its third quarter that increased from the same period last year.

The company's profit totaled $261 million, or $1.34 per share. This compares with $101 million, or $0.52 per share, in last year's third quarter.

Excluding items, IQVIA Holdings Inc. reported adjusted earnings of $423 million or $2.17 per share for the period.

Analysts had expected the company to earn $2.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.5% to $3.39 billion from $2.79 billion last year.

IQVIA Holdings Inc. earnings at a glance:

-Earnings (Q3): $423 Mln. vs. $318 Mln. last year.-EPS (Q3): $2.17 vs. $1.63 last year.-Analysts Estimate: $2.12-Revenue (Q3): $3.39 Bln vs. $2.79 Bln last year.

-Guidance:Next quarter EPS guidance: $2.37 - $2.47Next quarter revenue guidance: $3,537 - $3,612 MlnFull year EPS guidance: $8.85 - $8.95Full year revenue guidance: $13,775 -$13,850 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3234412/iqvia-holdings-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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