IMS Health and Quintiles to Merge

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Evercore ISI Downgrades Quintiles (Q) to Hold

May 4, 2016 7:01 AM EDT

Evercore ISI downgraded Quintiles (NYSE: Q) from Buy to Hold with a price target of $74.00.

Analyst Ross J. Muken said they are positive on the IMS transaction in the longer term, but near term dynamics cause us to downgrade.

Near-term dynamics... More

Quintiles (Q) Tops Q1 EPS by 3c

May 3, 2016 6:20 AM EDT

Quintiles (NYSE: Q) reported Q1 EPS of $0.89, $0.03 better than the analyst estimate of $0.86. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.12 billion.

For earnings history and earnings-related data on Quintiles (Q) click here.

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IMS Health (IMS) Tops Q1 EPS by 4c

May 3, 2016 6:19 AM EDT

IMS Health (NYSE: IMS) reported Q1 EPS of $0.42, $0.04 better than the analyst estimate of $0.38. Revenue for the quarter came in at $774 million versus the consensus estimate of $749.34 million.

IMS Health is providing second-quarter constant currency guidance as follows: Revenue growth of 7.5 to 8.5 percent,... More