Quintiles' quarterly profit beats estimates

Thu Oct 31, 2013 6:11am EDT

Oct 31 (Reuters) - Quintiles Transnational Holdings Inc , the world's largest medical contract research provider, reported a better-than-expected quarterly profit as it signed more contracts.

Net income attributable to Quintiles rose to $66.8 million, or 50 cents per share, in the third quarter ended Sept. 30 from $52.1 million, or 44 cents per share, a year earlier.

Excluding items, the company earned 54 cents per share.

Analysts on average expected 50 cents per share, according to Thomson Reuters I/B/E/S.