Back to top

Image: Bigstock

What's in Store for IQVIA Holdings (IQV) in Q2 Earnings?

Read MoreHide Full Article

IQVIA Holdings Inc. (IQV - Free Report) is set to report second-quarter 2021 results on Jul 27, before the market opens.

Let’s check out the expectations in detail.

Expectations This Time Around

The Zacks Consensus Estimate for IQVIA Holdings’ second-quarter 2021 revenues is pegged at $3.26 billion, indicating growth of 29.3% from the year-ago reported figure, attributable to strength across all the segments - Research & Development Solutions, Technology & Analytics Solutions and Contract Sales & Medical Solutions. The consensus estimate lies within the guided range of $3.23-$3.30 billion.

Segment-wise, the consensus mark for Research & Development Solutions revenues is pegged at $1.69 billion, suggesting growth of 37.3% from the year-ago quarter’s reported figure. The consensus estimate for Technology & Analytics Solutions revenues stands at $1.37 billion, indicating year-over-year growth of 23.2%. The consensus mark for Contract Sales & Medical Solutions revenues is pegged at $183 million, implying growth of 3.4% from the year-ago quarter’s reported figure.

Improvement in operating margins is likely to have aided the bottom line. The Zacks Consensus Estimate for earnings is pegged at $2.07 per share, indicating growth of 75.4% from the year-ago reported figure. The consensus estimate lies within the guided range of $2.00-$2.10.

What Our Model Says

Our proven model does not predict an earnings beat for IQVIA Holdings this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.

IQVIA Holdings has an Earnings ESP of 0.00% and a Zacks Rank #3.

IQVIA Holdings Inc. Price and EPS Surprise

IQVIA Holdings Inc. Price and EPS Surprise

IQVIA Holdings Inc. price-eps-surprise | IQVIA Holdings Inc. Quote

Stocks to Consider

Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat on second-quarter 2021 earnings.

Avis Budget (CAR - Free Report) has an Earnings ESP of +30.44% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Clean Harbors (CLH - Free Report) has an Earnings ESP of +18.71% and a Zacks Rank #2.

Aptiv (APTV - Free Report) has an Earnings ESP of +0.29% and a Zacks Rank #3.

Published in