IQVIA Reports Third-Quarter 2020 Results, Raises Full-Year 2020 Guidance and Provides 2021 Outlook
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IQVIA Holdings (IQV) PT Raised to $190 at Mizuho Securities
October 20, 2020 1:46 PM EDTMizuho Securities analyst Ann Hynes raised the price target on IQVIA Holdings (NYSE: IQV) to $190.00 (from $180.00) while maintaining a Buy rating.
The analyst commented, "We are raising our price target on IQV to $190 (from $180). IQV reported strong 3Q:20 EPS, raised 2020E guidance, provided... More
UPDATE: IQVIA Holdings (IQV) Tops Q3 EPS by 11c, Revenues Beat; Raises FY20 EPS/Revenue Guidance Above Consensus, Provides 4Q & FY21 EPS/Revenue Outlook
October 20, 2020 7:06 AM EDT(Updated - October 20, 2020 7:11 AM EDT)
IQVIA Holdings (NYSE: IQV) reported Q3 EPS of $1.63, $0.11 better than the analyst estimate of $1.52. Revenue for the quarter came in at $2.79 billion versus the consensus estimate of $2.75 billion.
Third quarter revenue of $2,786 million and Adjusted EBITDA of $604 millionGAAP Diluted Earnings per Share of $0.52 and Adjusted Diluted Earnings per Share of $1.63Technology & Analytics Solutions revenue grew 10.2 percent reported and 9.2 percent on a constant currency basisR&D Solutions quarterly... More