Iqvia Falls After Reporting First: quarter results

IQVIA Holdings

05/05/2026 13:36

** Shares of contract research firm IQVIA Holdings IQV.N fall 3.7% to $154.99 premarket

** In Q1, IQVIA's book-to-bill ratio, which compares the value of new orders coming in versus billings, of 1.04x fell short of the average of three analysts' estimates

** Leerink Partners analyst Michael Cherny said "the headline that will likely be the main focus is the 1.04x book-to-bill" that would "overshadow what was an otherwise solid print across the board"

** Co raises 2026 EPS forecast to range of $12.65 to $12.95, from prior view of $12.55 to $12.85 per share

** Analysts were expecting 2026 EPS to be $12.70 - LSEG

** Co reports Q1 adj profit of $2.90/share vs analysts' avg estimate of $2.82/share - LSEG

** Co posts Q1 sales of $4.15 billion vs analysts' avg estimate of $4.10 billion - LSEG

** As of last close, stock fell 28.6% YTD

 (Reporting by Kamal Choudhury in Bengaluru)

 ((Kamal.Choudhury@thomsonreuters.com;))