DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — IQVIA Holdings Inc. (IQV) on Thursday reported fourth-quarter profit of $437 million.
On a per-share basis, the Durham, North Carolina-based company said it had profit of $2.42. Earnings, adjusted for one-time gains and costs, came to $3.12 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.10 per share.
The clinical testing company posted revenue of $3.96 billion in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $3.92 billion.
For the year, the company reported profit of $1.37 billion, or $7.49 per share. Revenue was reported as $15.41 billion.
IQVIA expects full-year earnings in the range of $11.70 to $12.10 per share, with revenue in the range of $15.73 billion to $16.13 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IQV at https://www.zacks.com/ap/IQV
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