Report
Kelsey Tsai
EUR 98.48 For Business Accounts Only

QuintilesIMS' 1Q Results In Line With Expectations; Shares Slightly Undervalued

First-quarter results for QuintilesIMS were largely in line with our expectations and prior guidance, which assumes a slight pickup in the back half of the year. The company’s top line grew approximately 3% year over year assuming the merger closed at the start of 2016, thanks to healthy growth from the research and development solutions segment partially offset by heavy declines from the legacy Quintiles’ Encore business. The company increased its adjusted EPS guidance to $4.45-4.60 from $4.40-...
Underlying
IQVIA Holdings Inc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Kelsey Tsai

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