Plus   Neg

Quest Diagnostics Q2 adjusted earnings Beat Estimates

Quest Diagnostics (DGX) announced a profit for its second quarter that rose from last year.

The company's profit came in at $226 million, or $1.66 per share. This compares with $219 million, or $1.57 per share, in last year's second quarter.

Excluding items, Quest Diagnostics reported adjusted earnings of $237 million or $1.73 per share for the period.

Analysts had expected the company to earn $1.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.6% to $1.95 billion from $1.92 billion last year.

Quest Diagnostics earnings at a glance:

-Earnings (Q2): $237 Mln. vs. $245 Mln. last year.
-EPS (Q2): $1.73 vs. $1.75 last year.
-Analysts Estimate: $1.68
-Revenue (Q2): $1.95 Bln vs. $1.92 Bln last year.

Full year revenue guidance: $7.60 - $7.75 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT