earnings
confidence high
sentiment positive
materiality 0.75
IQVIA Q3 revenue $3.56B +5% reported, +10.5% CC; adj EPS $2.48 +14.3% YoY; raises FY adj EPS guidance
IQVIA HOLDINGS INC.
2022-Q3 EPS reported
$4.52
revenue$10,671,000,000
- Revenue $3,562M, +5.0% reported / +10.5% constant currency; GAAP EPS $1.49, Adj EPS $2.48 (both up ~11-14% YoY).
- R&D Solutions quarterly bookings over $2.5B; services book-to-bill 1.39x; backlog $25.8B +5.4% YoY.
- Full-year 2022 revenue guidance narrowed to $14,325-$14,425M, Adj EBITDA $3,330-$3,360M; Adj EPS raised to $10.10-$10.20.
- Free cash flow $698M in Q3, $1,197M YTD; repurchased $150M in Q3 ($1.14B YTD); remaining authorization $1.38B.
- Q4 guidance: revenue $3,654-$3,754M, Adj EBITDA $904-$934M, Adj EPS $2.72-$2.82.