Quintiles Transnational Holdings Inc. Reports 38% Increase In Q3 Earnings

(RTTNews) - Quintiles Transnational Holdings Inc. (Q) reported earnings for its third quarter that climbed from last year.

The company said its bottom line climbed to $117.58 million, or $0.94 per share. This was higher than $84.99 million, or $0.65 per share, in last year's third quarter.

Analysts had expected the company to earn $0.81 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.4% to $1.42 billion. This was up from $1.40 billion last year.

Quintiles Transnational Holdings Inc. earnings at a glance:

-Earnings (Q3): $117.58 Mln. vs. $84.99 Mln. last year. -Earnings Growth (Y-o-Y): 38.3% -EPS (Q3): $0.94 vs. $0.65 last year. -EPS Growth (Y-o-Y): 44.6% -Analysts Estimate: $0.81 -Revenue (Q3): $1.42 Bln vs. $1.40 Bln last year. -Revenue Change (Y-o-Y): 1.4%

-Guidance: Full year EPS guidance: $3.27 - $3.33