Quest Diagnostics: Q1 Earnings Snapshot : vimarsana.com

Quest Diagnostics: Q1 Earnings Snapshot


Quest Diagnostics: Q1 Earnings Snapshot
April 22, 2021
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SECAUCUS, N.J. (AP) _ Quest Diagnostics Inc. (DGX) on Thursday reported first-quarter profit of $469 million.
The Secaucus, New Jersey-based company said it had profit of $3.46 per share. Earnings, adjusted for amortization costs and restructuring costs, were $3.76 per share.
The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.77 per share.
The medical laboratory operator posted revenue of $2.72 billion in the period, surpassing Street forecasts. Seven analysts surveyed by Zacks expected $2.69 billion.
Quest Diagnostics shares have increased 9% since the beginning of the year, while the S&P's 500 index has climbed 11%. The stock has risen 38% in the last 12 months.

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