IQVIA Forecasts 2024 Revenue Of $15.4B-$15.65B And Adjusted EPS Of $10.95-$11.25, Versus Consensus Of $15.60B And $11.08, Respectively
Portfolio Pulse from Benzinga Newsdesk
IQVIA projects its 2024 revenue to be between $15.4B and $15.65B with an adjusted EPS of $10.95 to $11.25, slightly differing from the consensus estimates of $15.60B in revenue and an EPS of $11.08.

February 14, 2024 | 12:10 pm
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IQVIA forecasts its 2024 revenue to range between $15.4B and $15.65B with an adjusted EPS of $10.95 to $11.25, compared to consensus estimates of $15.60B in revenue and $11.08 EPS.
IQVIA's forecast is closely aligned but slightly varies from consensus estimates, indicating a cautious but positive outlook. This alignment suggests a neutral short-term impact on the stock as the market may have already anticipated similar figures. The slight variance in EPS and revenue projections compared to consensus might not significantly sway investor sentiment but indicates management's confidence in the company's growth trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100