01.02.2024 12:55:08 - dpa-AFX: Quest Diagnostics Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Quest Diagnostics (DGX) reported a profit for its
fourth quarter that increased from the same period last year and beat the
Street estimates.

The company's bottom line came in at $192 million, or $1.70 per share. This
compares with $101 million, or $0.87 per share, in last year's fourth quarter.

Excluding items, Quest Diagnostics reported adjusted earnings of $245 million or
$2.15 per share for the period.

Analysts on average had expected the company to earn $2.11 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 1.7% to $2.29 billion from $2.33
billion last year.

Quest Diagnostics earnings at a glance (GAAP) :

-Earnings (Q4): $192 Mln. vs. $101 Mln. last year.
-EPS (Q4): $1.70 vs. $0.87 last year.
-Analyst Estimate: $2.11
-Revenue (Q4): $2.29 Bln vs. $2.33 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
QUEST DIAGNOSTICS DL-,01 904533 Frankfurt 131,100 23.05.24 08:08:55 -0,650 -0,49% 130,800 131,300 131,100 131,750

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