IQVIA Hldgs Q4 Adjusted EPS $2.84 Beats $2.82 Estimate, Sales $3.87B Beat $3.79B Estimate
Portfolio Pulse from Benzinga Newsdesk
IQVIA Holdings (IQV) reported Q4 adjusted EPS of $2.84, surpassing the $2.82 estimate, and sales of $3.87B, exceeding the $3.79B estimate. This represents a year-over-year earnings increase of 2.16% and a sales increase of 3.45%.
February 14, 2024 | 12:04 pm
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IQVIA Holdings reported a Q4 adjusted EPS of $2.84, beating estimates, and sales of $3.87B, also above expectations. Year-over-year, earnings and sales saw increases of 2.16% and 3.45%, respectively.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported year-over-year growth in earnings and sales further strengthens the case for a positive impact on IQV's stock price in the short term.
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