Core Insights - IQVIA Holdings has consistently beaten earnings estimates, particularly in the last two quarters, with an average surprise of 1.70% [1][3] - For the most recent quarter, IQVIA reported earnings of $2.84 per share, exceeding the expected $2.81, resulting in a surprise of 1.07% [2] - The previous quarter also saw a positive surprise, with actual earnings of $2.64 per share against an estimate of $2.58, marking a surprise of 2.33% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for IQVIA, with a positive Earnings ESP of +0.16%, indicating bullish sentiment among analysts [3][6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high probability of another earnings beat, with historical data showing that nearly 70% of stocks with this combination exceed consensus estimates [4][6] Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions which may be more accurate [5] - A negative Earnings ESP does not necessarily indicate an earnings miss but can reduce the predictive power of the metric [6] - It is crucial for investors to check a company's Earnings ESP prior to quarterly releases to enhance the likelihood of successful investment decisions [7]
Will IQVIA (IQV) Beat Estimates Again in Its Next Earnings Report?