Quintiles Q4 Profit Rises - Quick Facts

(RTTNews) - Quintiles Transnational Holdings Inc. (Q) reported fourth-quarter net income to company of $88.43 million or $0.69 per share, compared to $73.00 million or $0.55 per share, prior year. Adjusted earnings per share was $0.71, for the quarter.

On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $0.67 for the quarter. Analysts' estimates typically exclude special items.

Total revenues increased to $1.41 billion from $1.38 billion last year. Service revenues were $1.06 billion, compared to $1.00 billion. Analysts expected revenue of $1.07 billion for the quarter.

For 2015, the company expects service revenue constant currency growth between 7.5% and 9.0% compared to full year 2014, and adjusted earnings per share of $3.02 to $3.13 per share with GAAP earnings per share between $2.90 and $3.04 per share. Analysts expect the company to report fiscal 2015 earnings per share of $2.99.