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Quest Diagnostics Q1 adjusted earnings Beat Estimates

Quest Diagnostics (DGX) announced earnings for first quarter that declined from last year.

The company's earnings totaled $164 million, or $1.20 per share. This compares with $177 million, or $1.27 per share, in last year's first quarter.

Excluding items, Quest Diagnostics reported adjusted earnings of $190 million or $1.40 per share for the period.

Analysts had expected the company to earn $1.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.5% to $1.89 billion from $1.88 billion last year.

Quest Diagnostics earnings at a glance:

-Earnings (Q1): $190 Mln. vs. $211 Mln. last year.
-EPS (Q1): $1.40 vs. $1.52 last year.
-Analysts Estimate: $1.36
-Revenue (Q1): $1.89 Bln vs. $1.88 Bln last year.

Full year revenue guidance: $7.60 - $7.75 Bln

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