IQVIA Forecasts 2024 Adjusted EPS Of $11.10-$11.30 Compared To Prior Guidance Of $10.95-$11.25 And Consensus Of $11.08
Portfolio Pulse from Benzinga Newsdesk
IQVIA has updated its 2024 adjusted EPS forecast to a range of $11.10-$11.30, up from the prior guidance of $10.95-$11.25 and above the consensus estimate of $11.08.
July 22, 2024 | 11:08 am
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IQVIA has increased its 2024 adjusted EPS forecast to $11.10-$11.30, which is higher than both its previous guidance and the consensus estimate. This positive revision is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The upward revision of the EPS forecast indicates better-than-expected financial performance, which is a positive signal for investors. This is likely to result in a short-term increase in IQVIA's stock price as market participants react to the improved outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100