Quest Diagnostics: Fourth Quarter Earnings Overview

Quest Diagnostics Announces Fourth-Quarter Financial Results

Quest Diagnostics Inc., headquartered in Secaucus, New Jersey, revealed a net income of $245 million for the fourth quarter.

The company reported earnings of $2.18 per share, while adjusted earnings—excluding certain one-time items—reached $2.42 per share.

These figures surpassed analysts’ predictions, as the consensus from 10 Zacks Investment Research analysts anticipated earnings of $2.35 per share.

Quarterly revenue totaled $2.81 billion, exceeding the $2.75 billion forecasted by eight analysts surveyed by Zacks.

For the entire year, Quest Diagnostics achieved a profit of $992 million, translating to $8.75 per share, with total revenue amounting to $11.04 billion.

Looking ahead, the company projects full-year earnings to fall between $10.50 and $10.70 per share, with expected revenue ranging from $11.7 billion to $11.82 billion.

Financial data for this article was sourced from Zacks Investment Research and compiled by Automated Insights.