IQVIA Forecasts 2024 Adjusted EPS Of $11.10-11.20 Compared To Prior Guidance Of $11.10-$11.30 And Consensus Of $11.21
Portfolio Pulse from Benzinga Newsdesk
IQVIA has updated its 2024 adjusted EPS forecast to $11.10-$11.20, slightly narrowing its previous guidance of $11.10-$11.30 and falling just below the consensus estimate of $11.21.
October 31, 2024 | 11:09 am
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IQVIA has revised its 2024 adjusted EPS forecast to $11.10-$11.20, slightly narrowing its previous range and falling just below the consensus estimate of $11.21.
The revision of IQVIA's EPS forecast to a range slightly below the consensus estimate may lead to a negative short-term reaction in the stock market as investors adjust their expectations. The narrowing of the guidance range indicates a more conservative outlook, which could be perceived as a sign of caution.
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