earnings
confidence high
sentiment positive
materiality 0.65
IQVIA Q2 2024 revenue $3.81B (+2.3% YoY), adj EPS $2.64, updated FY guidance
IQVIA HOLDINGS INC.
2024-Q2 EPS reported
$3.53
revenue$7,551,000,000
- Revenue $3,814M (+2.3% reported, +3.5% constant currency); GAAP net income $363M, diluted EPS $1.97.
- Adjusted diluted EPS $2.64 (+8.6% YoY); Adjusted EBITDA $887M (+2.7% YoY).
- R&D Solutions bookings $2.7B (book-to-bill 1.27x); backlog $30.6B (+7.7% YoY).
- Full-year 2024 guidance: revenue $15,425M-$15,525M, Adj EBITDA $3,705M-$3,765M, Adj EPS $11.10-$11.30.
- Q2 free cash flow $445M; net leverage ratio 3.25x trailing twelve-month Adj EBITDA.