IQVIA Holdings Slashes FY23 Outlook - Update

RTTNews | 616 days ago
Stocktwits
IQVIA Holdings Slashes FY23 Outlook - Update

(RTTNews) - While reporting financial results for the third quarter on Wednesday, life sciences services company IQVIA Holdings Inc. (IQV) slashed its adjusted earnings and revenue guidance for the full-year 2023. The company also provided financial outlook for the fourth quarter, well below estimates.

For fiscal 2023, the company now projects adjusted earnings in a range of $10.16 to $10.23 per share on revenues between $14.885 billion and $14.920 billion.

Previously, the company expected adjusted earnings in the range of $10.20 to $10.45 per share on revenues between $15.050 billion and $15.175 billion.

On average, analysts polled by Thomson Reuters expect earnings of $10.29 per share on revenues of $15.12 billion for the year. Analysts' estimates typically exclude special items.

For fourth quarter, the company expects adjusted earnings in a range of $2.79 to $2.86 per share on revenues between $3.769 billion and $3.804 billion. The Street is looking for earnings of $2.95 per share on revenues of $3.95 billion for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

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IQVIA Holdings Guides FY24 In Line With Estimates - Update

IQVIA Holdings Guides FY24 In Line With Estimates - Update

While reporting financial results for the fourth quarter on Wednesday, life sciences services company IQVIA Holdings Inc. (IQV) initiated its adjusted earnings and revenue guidance for the full-year 2024, in line with analysts' estimates.
RTTNews | 512 days ago
IQVIA Holdings Adjusts FY22 Outlook To Reflect FX Impact - Update

IQVIA Holdings Adjusts FY22 Outlook To Reflect FX Impact - Update

While reporting financial results for the second quarter on Tuesday, life sciences services company IQVIA Holdings Inc. (IQV) adjusted its adjusted earnings and revenue guidance for the full-year 2022 to reflect the impact of the strengthening of the US dollar since issuance of prior guidance. The company also provided financial outlook for the third quarter.
RTTNews | 1084 days ago
Bank Of Korea Keeps Rates Steady

Bank Of Korea Keeps Rates Steady

The Bank of Korea maintained its interest rate on Thursday as rising house prices and household debt pose risks to the financial stability amid escalating trade tensions weighing on economic growth outlook. The Monetary Policy Board decided to leave the Base Rate unchanged at 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point each in May and February.
RTTNews | 1h 11min ago
European Shares Set To Open Higher Despite Rising Trade Tensions

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European stocks may open mostly higher on Thursday despite U.S. President Donald Trump escalating his tariff campaign, sending letters to six additional countries—Algeria, Iraq, Libya, Brunei, Moldova, and the Philippines—with fresh import duties ranging from 20-30 percent.
RTTNews | 2h 7min ago
European Economic News Preview: Germany Final Inflation Data Due

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Final inflation from Germany and industrial output from Italy are the top economic news due on Thursday. At 2.00 am ET, Destatis is scheduled to release Germany's final inflation data for June. Flash inflation showed that consumer price inflation eased to 2.0 percent from 2.1 percent in May.
RTTNews | 2h 27min ago
Sensex, Nifty Subdued On Trade Jitters

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Indian shares were subdued on Thursday as U.S. President Donald Trump escalated his tariff campaign, sending letters targeting six additional countries—Algeria, Iraq, Libya, Brunei, Moldova, and the Philippines—with fresh import duties ranging from 20-30 percent.
RTTNews | 3h 19min ago
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is extending early gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains across all sectors led by technology and mining stocks.
RTTNews | 4h 17min ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders are optimistic about an end to the tariff uncertainty after US President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition.
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