IQVIA Holdings (NYSE: IQV) reported Q1 EPS of $1.34, $0.07 better than the analyst estimate of $1.27. Revenue for the quarter came in at $2.56 billion versus the consensus estimate of $2.45 billion.

• Revenue $2,563 million, up 8.6 percent reported and 5.2 percent at constant currency
• Adjusted EBITDA $547 million, up 8.5 percent reported and 7.4 percent at constant currency
• GAAP Diluted Earnings per Share $0.32
• Adjusted Diluted Earnings per Share $1.34, up 19.6 percent
• Full-year revenue guidance raised by $50 million to reflect first-quarter currency benefit and organic operational strength

Full-Year 2018 and Second-Quarter 2018 Guidance

The company is raising its full-year 2018 revenue guidance range to $10,050 million to $10,250 million from $10,000 million to $10,200 million to reflect first-quarter currency benefit and organic operational strength. Full-year 2018 guidance is reaffirmed for Adjusted EBITDA of $2,150 million to $2,220 million and Adjusted Diluted Earnings per Share of $5.20 to $5.45.

GUIDANCE:

IQVIA Holdings sees FY2018 EPS of $5.20-$5.45, versus the consensus of $5.38. IQVIA Holdings sees FY2018 revenue of $10.05-10.25 billion, versus the consensus of $10.13 billion.

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