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What's in the Cards for IQVIA Holdings (IQV) in Q1 Earnings?

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IQVIA Holdings Inc. (IQV - Free Report) is scheduled to report first-quarter 2022 results on Apr 27, 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’ first-quarter 2022 revenues is pegged at $3.55 billion, indicating growth of 4.2% 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 for revenues lies within the guided range of $3.515-$3.575 billion.

Segment-wise, the consensus mark for R&DS revenues is pegged at $1.96 billion, suggesting growth of 5.1% from the year-ago quarter’s reported figure. The consensus estimate for TAS revenues stands at $1.38 billion, indicating year-over-year increase of 2.7%. The consensus mark for CSMS revenues is pegged at $193 million, flat with 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 11.5% from the year-ago reported figure. The consensus estimate lies within the guided range of $2.40-$2.46.

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 -0.41% 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 their first-quarter 2022 earnings: 

Cross Country Healthcare (CCRN - Free Report) has an Earnings ESP of +1.67% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Cross Country Healthcare has an expected earnings growth rate of 15.4% for the current year. The company has a trailing four-quarter earnings surprise of 41.5%, on average.

Cross Country Healthcare’s shares have surged 62.6% in the past year. The company has a long-term earnings growth of 6.5%.

Huron Consulting ((HURN - Free Report) ) has an Earnings ESP of +38.26% and a Zacks Rank #2.

Huron Consulting has an expected earnings growth rate of 16.5% for the current year.

Huron Consulting has a trailing four-quarter earnings surprise of 13.4%, on average.

WEX (WEX - Free Report) has an Earnings ESP of +1.82% and a Zacks Rank #3.

WEX hasan expected earnings growth rate of 27.6% for the current year. The company has a trailing four-quarter earnings surprise of 9.9%, on average.

WEX has a long-term earnings growth of 17.4%.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

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