12:52 PM EDT, 07/22/2024 (MT Newswires) -- (Updates headline and first paragraph with the latest stock movement.)

IQVIA Holdings ( IQV ) shares rose 6% in recent Monday trading after reporting higher adjusted earnings and revenue.

The company reported Q2 adjusted earnings of $2.64 per diluted share, up from $2.43 a year earlier.

Analysts surveyed by Capital IQ expected $2.56.

Revenue for the quarter ended June 30 was $3.81 billion, up from $3.73 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.79 billion.

The company said it now expects 2024 adjusted EPS of $11.10 to $11.30, higher than the previous outlook of $10.95 to $11.25. Analysts polled by Capital IQ expect $11.08.

Revenue for the year is now expected to be from $15.43 billion to $15.53 billion, narrower than $15.33 billion to $15.58 billion previously. Analysts polled by Capital IQ expect $15.46 billion.

Price: 238.47, Change: +13.90, Percent Change: +6.19