Quest Diagnostics Boosts FY22 Outlook - Update

RTTNews | 924 days ago
Quest Diagnostics Boosts FY22 Outlook - Update

(RTTNews) - While reporting financial results for the third quarter on Thursday, Quest Diagnostics Inc. (DGX) raised its earnings, adjusted earnings and revenue guidance for the full-year 2022, based on its strong performance in the quarter.

For fiscal 2022, the company now projects earnings in a range of $8.52 and $8.72 per share and adjusted earnings in a range of $9.75 and $9.95 per share on net revenues between $9.72 billion and $9.86 billion.

Previously, the company expected earnings in the range of $8.24 to $8.64 per share and adjusted earnings in the range of $9.55 to $9.95 per share on net revenues between $9.50 billion and $9.75 billion.

On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $9.68 per share on revenues of $9.67 billion for the year. Analysts' estimates typically exclude special items.

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Quest Diagnostics To Acquire Outreach Laboratory Services Of OhioHealth

Quest Diagnostics To Acquire Outreach Laboratory Services Of OhioHealth

Quest Diagnostics (DGX), a provider of diagnostic information services, and OhioHealth, a nationally recognized not-for-profit, charitable, integrated health system, announced Wednesday a definitive agreement for Quest to acquire select assets of OhioHealth's outreach laboratory services business.
RTTNews | 295 days ago
Quest Diagnostics To Acquire LifeLabs From OMERS In About $985 Mln Deal

Quest Diagnostics To Acquire LifeLabs From OMERS In About $985 Mln Deal

Quest Diagnostics (DGX), a provider of diagnostic information services, announced Wednesday a definitive agreement to acquire LifeLabs, a provider of community laboratory tests for millions of Canadians, from OMERS for a value of approximately C$1.35 billion (approximately $985 million), including net debt.
RTTNews | 302 days ago