DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — IQVIA Holdings Inc. (IQV) on Tuesday reported second-quarter earnings of $297 million.
The Durham, North Carolina-based company said it had net income of $1.59 per share. Earnings, adjusted for one-time gains and costs, were $2.43 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.37 per share.
The clinical testing company posted revenue of $3.73 billion in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $3.7 billion.
For the current quarter ending in September, IQVIA expects its per-share earnings to range from $2.39 to $2.49.
The company said it expects revenue in the range of $3.76 billion to $3.81 billion for the fiscal third quarter.
IQVIA expects full-year earnings in the range of $10.20 to $10.45 per share, with revenue ranging from $15.05 billion to $15.18 billion.
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, source Associated Press News