IQVIA Reports Strong Q4 Earnings, Surpasses Expectations
DURHAM, N.C. - IQVIA Holdings Inc. (IQV) announced a fourth-quarter profit of $437 million, reflecting a 2.70% increase. Earnings per share reached $2.42, while adjusted earnings came in at $3.12 per share, exceeding Wall Street estimates of $3.10 per share.
The clinical testing company generated $3.96 billion in revenue during the quarter, surpassing analyst forecasts of $3.92 billion. For the full year, IQVIA reported a profit of $1.37 billion, or $7.49 per share, on revenue of $15.41 billion.
IQVIA projects full-year earnings between $11.70 and $12.10 per share and revenue ranging from $15.73 billion to $16.13 billion.