IQV Earnings Prediction
The chart below shows how IQV performed 10 days before and after its earnings report, based on data from the past quarters. Typically, IQV sees a -1.55% change in stock price 10 days leading up to the earnings, and a +1.42% change 10 days following the report. On the earnings day itself, the stock moves by +1.38%. This data can give you a slight idea of what to expect for the next quarter's release.
IQV Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.96B
2.33%
1.59%
Gross Margin
27.16%
-2.20%
-3.79%
Operating Margin
15.72%
17.40%
5.93%
Net Margin
11.04%
-8.99%
50.82%
EPS
2.42
-4.72%
56.13%
No Data Available
IQV Earnings Analysis
IQVIA Holdings Inc Corporation (IQV.N) Earnings Conference Call
Positive
Strong Revenue Growth: Revenue growth of 5.5% at constant currency for the full year 2024, excluding COVID-related work, demonstrating strong operational performance.
Adjusted EBITDA Growth: Adjusted EBITDA increased by 3.1% in Q4, contributing to a full year adjusted EBITDA growth of 3.2%, reflecting effective cost management and revenue growth.
Record Free Cash Flow: Free cash flow reached a record $721 million in Q4, contributing to a total of $2.1 billion for the full year, marking a 41% increase year-over-year.
Strong Q4 Net New Bookings: Net new bookings for Q4 exceeded $2.5 billion, highlighting the successful efforts of the RMBS team in securing new business contracts despite a challenging environment.
Backlog Growth and Demand: The backlog at year-end stood at $31.1 billion, representing a 5.5% increase year-over-year at constant currency, indicating strong demand and future revenue visibility.
Negative
Quarterly Revenue Growth Slowdown: Revenue for the fourth quarter grew only 2.3% on a reported basis and 3% at constant currency, indicating a slowdown in growth compared to previous periods.
R&D Revenue Decline: R&D Solutions revenue for the fourth quarter declined by 1.3% reported and 1% at constant currency, highlighting challenges in this segment.
Revenue Decline in Medical Solutions: Contract Sales and Medical Solutions revenue decreased by 4.8% reported and 3.2% at constant currency, reflecting ongoing difficulties in this area.
Increased Cancellations and Volatility: Cancellations in 2024 were nearly 50% higher than the average of the previous three years, indicating increased volatility and uncertainty in client spending.
Bookings Performance Analysis: Gross new bookings before cancellations were up mid single digits, but the elevated cancellations led to a challenging net bookings environment.
IQV FAQs
How does IQV typically perform around its earnings report dates?
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IQV Earning Call Sentiment
Earnings call transcript: IQVIA Q4 2024 beats expectations, stock rises
IQV.N
1.83%Positive
The earnings call presents mixed signals. Financial performance shows growth, with revenue and EPS increasing, and a strong share repurchase program suggests confidence. However, the Q&A section reveals concerns over cancellations and competitive pricing. While the backlog and pipeline are strong, the uncertain operating environment and vague management responses create uncertainty. The positive aspects are balanced by potential risks, leading to a neutral sentiment. Given the lack of market cap data, assuming a moderate market reaction, the stock price is likely to remain relatively stable in the short term.
