DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — IQVIA Holdings Inc. (IQV) on Thursday reported first-quarter earnings of $288 million.
On a per-share basis, the Durham, North Carolina-based company said it had profit of $1.56. Earnings, adjusted for one-time gains and costs, were $2.54 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.47 per share.
The clinical testing company posted revenue of $3.74 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $3.69 billion.
IQVIA expects full-year earnings in the range of $10.95 to $11.25 per share, with revenue in the range of $15.33 billion to $15.58 billion.
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