IQVIA Holdings, Inc. (NYSE:IQV) is set to announce second quarter earning results on Wednesday 22nd July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, IQV to report 2Q20 income of $ 1.06 per share.
For the full year, analysts anticipate top line of $ 10739.00 million, while looking forward to income of $ 5.87 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 2,365.00 million ~ $ 2,440.00 million
Full Year 2020 topline are forecasted in a range of$ 10,600.00 million ~ $ 10,925.00 million, where as bottomline are predicted in a range of $ 5.75 ~ $ 6.10 per share
Click Here For More Historical Outlooks Of IQVIA Holdings, Inc.
Previous Quarter Performance
IQVIA Holdings, Inc. revealed income for the first quarter of $ 1.50 per share, from the revenue of $ 2,754.00 million. The quarterly earnings shrunk 1.96 percent while revenues escalated 3.30 percent compared with the same quarter last year.
Wall street analysts are predicting, IQV to report 1Q20 income of $ 1.48 per share from revenue of $ 2718.82 million. The bottom line results beat street analysts by $ 0.02 or 1.35 percent, at the same time, top line results outshined analysts by $ 35.18 million or 1.29 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of IQV was $ 156.95, representing a 91.89 % increase from the 52 week low of $ 81.79 and a 7.21 % decrease over the 52 week high of $ 169.14.
The company has a market capital of $ 29.97 billion and is part of the Healthcare sector and Diagnostics & Research industry.
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Recent Analyst recommendations
On 7th July 2020, initiated by Stephens at Equal-Weight rating, with $ 150.00 target price.
On 7th July 2020, maintained by Bank of America at Buy rating, with $ 156.00 target price.
Conference Call
IQVIA Holdings, Inc. will be hosting a conference call at 9:00 AM eastern time on 22nd July 2020, to discuss its 2Q20 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.
