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IQVIA gains after raising annual profit forecast

Updates

** Shares of IQVIA Holdings IQV.N rise 2.4% to $164.85

** The contract research firm raises 2026 EPS forecast to $12.65-$12.95 from prior view $12.55-$12.85

** Analysts on an average expected 2026 EPS of $12.70 - data compiled by LSEG

** IQV reports Q1 adjusted profit of $2.90/share, above estimate of $2.82/share

** Q1 sales of $4.15 billion beat estimate of $4.10 billion

** "We view the print as modestly positive, with Commercial driving upside and an EPS raise providing incremental confidence," Jefferies analyst David Windley says

** Including session's move, IQV down 27.5% YTD

 (Reporting by Kamal Choudhury and Kunal Das in Bengaluru)

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

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