IQVIA: Q4 Earnings Snapshot
By AP News
Published - Feb 14, 2024, 07:18 AM ET
Last Updated - Feb 14, 2024, 07:18 AM EST
DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — IQVIA Holdings Inc. (IQV) on Wednesday reported fourth-quarter earnings of $469 million.
The Durham, North Carolina-based company said it had profit of $2.54 per share. Earnings, adjusted for stock option expense and non-recurring costs, were $2.84 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.82 per share.
The clinical testing company posted revenue of $3.87 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $3.79 billion.
