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Quest Diagnostics beats Q3 consensus

  • Quest Diagnostics (DGX) Q3 results: Revenues: $1,956M (+3.5%).
  • Net Income: $215M (+0.9%); EPS: $1.56 (+2.0%); non-GAAP Net Income: $241M (+2.6%); non-GAAP EPS: $1.76 (+4.8%).
  • CF Ops: $895M (-1.1%).
  • 2019 guidance: Revenues: ~$7.72B from $7.60B - 7.75B; EPS: $5.48 - 5.53 from >$5.29; non-GAAP EPS: $6.45 - 6.50 from >$6.40; cash flow ops: ~$1.3B (unch).
  • Previously: Quest Diagnostics EPS beats by $0.05, beats on revenue (Oct. 22)

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Quest Diagnostics Incorporated