IQVIA Forecasts Q4 FY23 Adjusted EPS Of $2.79-2.86 Versus Consensus Of $2.94
Portfolio Pulse from Benzinga Newsdesk
IQVIA has forecasted its Q4 FY23 adjusted EPS to be between $2.79 and $2.86, which is lower than the consensus estimate of $2.94.
November 01, 2023 | 11:14 am
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IQVIA's lower than expected Q4 FY23 adjusted EPS forecast may negatively impact its stock price.
Earnings per share (EPS) is a key indicator of a company's profitability. A lower than expected EPS forecast often leads to a decrease in the company's stock price as it indicates that the company may not perform as well as investors had hoped. In this case, IQVIA's lower than expected Q4 FY23 EPS forecast could lead to a decrease in its stock price.
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