Quintiles Transnational Holdings Inc. Bottom Line Climbs 19% In Q1

(RTTNews) - Quintiles Transnational Holdings Inc. (Q) announced a profit for its first quarter that gained ground from last year.

The company said its bottom line climbed to $108.28 million, or $0.89 per share. This was up from $91.24 million, or $0.72 per share, in last year's first quarter.

Analysts had expected the company to earn $0.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.4% to $1.49 billion. This was up from $1.35 billion last year.

Quintiles Transnational Holdings Inc. earnings at a glance:

-Earnings (Q1): $108.28 Mln. vs. $91.24 Mln. last year. -Earnings Growth (Y-o-Y): 18.7% -EPS (Q1): $0.89 vs. $0.72 last year. -EPS Growth (Y-o-Y): 23.6% -Analysts Estimate: $0.86 -Revenue (Q1): $1.49 Bln vs. $1.35 Bln last year. -Revenue Change (Y-o-Y): 10.4%

-Guidance: Full year EPS guidance: $3.70 - $3.85