Benzinga | Oct 19, 2020 10:15AM EDT

A Preview Of IQVIA Holdings's Earnings

On Tuesday, October 20, IQVIA Holdings (NYSE: IQV) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Analysts covering IQVIA Holdings modeled for quarterly EPS of $1.52 on revenue of $2.75 billion. IQVIA Holdings reported a per-share profit of $1.6 when it published results during the same quarter last year. Sales in that period totaled $2.77 billion. If the company were to match the consensus estimate when it reports Tuesday, EPS would have fallen 5.0%. Revenue would be down 0.69% from the year-ago period. Here is how the IQVIA Holdings's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 1.06 1.48 1.72 1.57EPS Actual 1.18 1.50 1.74 1.60Revenue Estimate 2.41 B 2.72 B 2.84 B 2.77 BRevenue Actual 2.52 B 2.75 B 2.90 B 2.77 B

Stock Performance

For a full 12 months, the return has risen by 15.41%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. IQVIA Holdings is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.iqvia.com%2F&eventid=2625859&sessionid=1&key=7CA71F1089477071157A81E5C3D14CD7&regTag=&sourcepage=register