DURHAM, N.C. (AP) _ IQVIA Holdings Inc. (IQV) on Thursday reported third-quarter profit of $261 million.
On a per-share basis, the Durham, North Carolina-based company said it had net income of $1.34. Earnings, adjusted for one-time gains and costs, were $2.17 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share.
The clinical testing company posted revenue of $3.39 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $3.36 billion.
For the current quarter ending in December, IQVIA expects its per-share earnings to range from $2.37 to $2.47.
The company said it expects revenue in the range of $3.54 billion to $3.61 billion for the fiscal fourth quarter.
IQVIA expects full-year earnings in the range of $8.85 to $8.95 per share, with revenue ranging from $13.78 billion to $13.85 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IQV at https://www.zacks.com/ap/IQV
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