IQVIA Holdings Inc. (IQV) is scheduled to report fourth-quarter 2021 results on Feb 15, before market opens.
Let’s check out how things have shaped up for the announcement.
Expectations This Time Around
The Zacks Consensus Estimate for IQVIA Holdings’ fourth-quarter 2021 revenues is pegged at $3.59 billion, indicating growth of 8.9% from the year-ago reported figure, attributable to strength across all segments — Research & Development Solutions (R&DS), Technology & Analytics Solutions (“TAS”) and Contract Sales & Medical Solutions (“CSMS”). The consensus estimate lies within the guided range of $3.537-$3.612 billion.
Segment-wise, the consensus mark for R&DS revenues is pegged at $1.90 billion, suggesting growth of 12.9% from the year-ago quarter’s reported figure. The consensus estimate for TAS revenues stands at $1.51 billion, indicating year-over-year increase of 5.6%. The consensus mark for CSMS revenues is pegged at $191 million, implying growth of 1.1% 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 $2.43 per share, indicating growth of 15.2% from the year-ago reported figure. The consensus estimate meets the higher end of the guided range of $2.37-$2.47.
What Our Model Says
Our proven model does not conclusively 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. But that’s not the case here. 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 #2.
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 their fourth-quarter 2021 earnings:
Clear Channel Outdoor Holdings (CCO) has an Earnings ESP of +23.91% and a Zacks Rank #2. The company will release earnings numbers on Feb 24. You can see the complete list of today’s Zacks #1 Rank stocks here.
Clear Channel has an expected earnings growth rate of 91.4% for the current year. The company has a trailing four-quarter earnings surprise of 8.2%, on average.
Clear Channel’s shares have surged 58.4% in the past year.
Everi Holdings (EVRI) has an Earnings ESP of +4.97% and a Zacks Rank #1. The company will release earnings numbers on Mar 1.
Everi Holdings has an expected earnings growth rate of 27.4% for the current year. The company has a trailing four-quarter earnings surprise of 170%, on average.
Everi Holdings’ shares have surged 62.2% in the past year.
Opendoor Technologies (OPEN) has an Earnings ESP of +1.54% and a Zacks Rank #2. The company will release earnings numbers on Feb 24.
Opendoor has an expected earnings growth rate of 31.9% for the current year. The company has a trailing four-quarter earnings surprise of 47.9%, on average.
Opendoor’s long-term earnings growth rate is projected at 11.1%.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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IQVIA Holdings Inc. (IQV) is scheduled to report fourth-quarter 2021 results on Feb 15, before market opens.
Let’s check out how things have shaped up for the announcement.
Expectations This Time Around
The Zacks Consensus Estimate for IQVIA Holdings’ fourth-quarter 2021 revenues is pegged at $3.59 billion, indicating growth of 8.9% from the year-ago reported figure, attributable to strength across all segments — Research & Development Solutions (R&DS), Technology & Analytics Solutions (“TAS”) and Contract Sales & Medical Solutions (“CSMS”). The consensus estimate lies within the guided range of $3.537-$3.612 billion.
Segment-wise, the consensus mark for R&DS revenues is pegged at $1.90 billion, suggesting growth of 12.9% from the year-ago quarter’s reported figure. The consensus estimate for TAS revenues stands at $1.51 billion, indicating year-over-year increase of 5.6%. The consensus mark for CSMS revenues is pegged at $191 million, implying growth of 1.1% 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 $2.43 per share, indicating growth of 15.2% from the year-ago reported figure. The consensus estimate meets the higher end of the guided range of $2.37-$2.47.
What Our Model Says
Our proven model does not conclusively 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. But that’s not the case here. 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 #2.
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 their fourth-quarter 2021 earnings:
Clear Channel Outdoor Holdings (CCO) has an Earnings ESP of +23.91% and a Zacks Rank #2. The company will release earnings numbers on Feb 24. You can see the complete list of today’s Zacks #1 Rank stocks here.
Clear Channel has an expected earnings growth rate of 91.4% for the current year. The company has a trailing four-quarter earnings surprise of 8.2%, on average.
Clear Channel’s shares have surged 58.4% in the past year.
Everi Holdings (EVRI) has an Earnings ESP of +4.97% and a Zacks Rank #1. The company will release earnings numbers on Mar 1.
Everi Holdings has an expected earnings growth rate of 27.4% for the current year. The company has a trailing four-quarter earnings surprise of 170%, on average.
Everi Holdings’ shares have surged 62.2% in the past year.
Opendoor Technologies (OPEN) has an Earnings ESP of +1.54% and a Zacks Rank #2. The company will release earnings numbers on Feb 24.
Opendoor has an expected earnings growth rate of 31.9% for the current year. The company has a trailing four-quarter earnings surprise of 47.9%, on average.
Opendoor’s long-term earnings growth rate is projected at 11.1%.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Just Released: Zacks Top 10 Stocks for 2024
Hurry – you can still get in early on our 10 top tickers for 2024. Hand-picked by Zacks Director of Research, Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2024. You can still be among the first to see these just-released stocks with enormous potential.
See New Top 10 Stocks >>
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