IQVIA Adjusts EPS and Revenue Guidance After Beating Q2 Expectations

IQVIA Holdings reported its second-quarter 2024 results, beating expectations. The company updated its full-year EPS guidance to between $11.10 and $11.30, up from the previous range of $10.95 to $11.25. Additionally, IQVIA's full-year revenue guidance was adjusted to $15,425 million to $15,525 million, compared to the previous range of $15,325 million to $15,575 million. IQVIA's CEO noted that the results were at the high-end of their guidance, primarily due to better-than-expected TAS performance. IQVIA Holdings' stock fell by 0.5% following the announcement.