IQVIA Forecasts Q4 FY23 Revenue Of $3.769B-$3.804B Versus Consensus Of $3.96B
Portfolio Pulse from Benzinga Newsdesk
IQVIA has forecasted its Q4 FY23 revenue to be between $3.769B and $3.804B, which is lower than the consensus estimate of $3.96B.
November 01, 2023 | 11:15 am
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NEGATIVE IMPACT
IQVIA's lower than expected Q4 FY23 revenue forecast may negatively impact its stock price in the short term.
IQVIA's projected revenue for Q4 FY23 is lower than the consensus estimate. This could lead to a negative market reaction, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100