DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — IQVIA Holdings Inc. (IQV) on Tuesday reported second-quarter net income of $266 million.
On a per-share basis, the Durham, North Carolina-based company said it had net income of $1.54. Earnings, adjusted for one-time gains and costs, came to $2.81 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.76 per share.
The clinical testing company posted revenue of $4.02 billion in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $3.96 billion.
IQVIA expects full-year earnings in the range of $11.75 to $12.05 per share, with revenue in the range of $16.1 billion to $16.3 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IQV at https://www.zacks.com/ap/IQV
/A%20concept%20image%20of%20space_%20Image%20by%20Canities%20via%20Shutterstock_.jpg)
/A%20concept%20image%20of%20a%20flying%20car_%20Image%20by%20Phonlamai%20Photo%20via%20Shutterstock_.jpg)
/Oracle%20Corp_%20office%20logo-by%20Mesut%20Dogan%20via%20iStock.jpg)