DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — IQVIA Holdings Inc. (IQV) on Tuesday reported third-quarter profit of $331 million.
The Durham, North Carolina-based company said it had net income of $1.93 per share. Earnings, adjusted for one-time gains and costs, came to $3 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.96 per share.
The clinical testing company posted revenue of $4.1 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $4.07 billion.
IQVIA expects full-year earnings in the range of $11.85 to $11.95 per share, with revenue in the range of $16.15 billion to $16.25 billion.
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