IQVIA Holdings, Inc. (NYSE:IQV) is reporting third quarter financial results on Tuesday 20th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, IQV is expected to report 3Q20 income of $ 1.52 per share from revenue of $ 2754.54 million.
For the full year, analysts anticipate top line of $ 11050.10 million, while looking forward to income of $ 6.18 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 1.47 ~ $ 1.55 per share, while revenues are expected in a range of $ 2,725.00 million ~ $ 2,775.00 million
Full Year 2020 topline are forecasted in a range of$ 11000.00 million ~ $ 11100.00 million, where as bottomline are predicted in a range of $ 6.10 ~ $ 6.30 per share
Click Here For More Historical Outlooks Of IQVIA Holdings, Inc.
Previous Quarter Performance
IQVIA Holdings, Inc. reported loss for the second quarter of $ 0.12 per share, from the revenue of $ 2,521.00 million, On adjusted basis, IQV reported income for the quarter of $ 1.18 per share. The quarterly revenues declined 7.99 percent compared with the same quarter last year. Wall street analysts are predicting, IQV to report 2Q20 income of $ 1.06 per share from revenue of $ 2405.22 million. The bottom line results beat street analysts by $ 0.12 or 11.32 percent, at the same time, top line results outshined analysts by $ 115.78 million or 4.81 percent.
Stock Performance
Shares of IQVIA Holdings, Inc. traded low $ -0.51 or -0.31 percent on Monday, reaching $ 164.05 with volume of 1.35 million shares. IQVIA Holdings, Inc. has traded high as $ 166.50 and has cracked $ 163.07 on the downward trend
According to the previous trading day, closing price of $ 164.05, representing a 101.20 % increase from the 52 week low of $ 81.79 and a 4.26 % decrease over the 52 week high of $ 171.88.
The company has a market capital of $ 31.38 billion and is part of the Healthcare sector and Diagnostics & Research industry.
Conference Call
IQVIA Holdings, Inc. will be hosting a conference call at 9:00 AM eastern time on 20th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.iqvia.com
IQVIA Holdings Inc. provides advanced analytics, technology solutions, and contract research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific. It operates through three segments: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions.
