IQVIA: Q2 Earnings Snapshot

DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — IQVIA Holdings Inc. (IQV) on Monday reported second-quarter earnings of $363 million.

The Durham, North Carolina-based company said it had net income of $1.97 per share. Earnings, adjusted for one-time gains and costs, came to $2.64 per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.58 per share.

The clinical testing company posted revenue of $3.81 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $3.79 billion.

IQVIA expects full-year earnings in the range of $11.10 to $11.30 per share, with revenue in the range of $15.43 billion to $15.53 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