Deutsche Bank Upgrades Quintiles (Q) to Buy

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Quintiles 4th Quarter and Full Year 2015 Results and 2016 Guidance

February 11, 2016 6:00 AM EST

9.4% constant currency service revenue growth compared to the fourth quarter of 2014 $0.90 diluted adjusted EPS representing 26.8% growth compared to the fourth quarter of 2014, fourth quarter GAAP reported diluted EPS of $0.85 Net new business of $1.49 billion in the fourth quarter of 2015, representing a 1.32 book-to-bill ratio and increasing backlog to $12.04 billion as of December 31, 2015 $265 million of share repurchases during the fourth quarter of 2015 Full year 2016 service revenue guidance of 7.0% to 8.5% constant currency growth compared to full year 2015 and diluted adjusted EPS guidance of... More