Quest Diagnostics Inc. (DGX) said that it raised its earnings per share outlook for the first half of 2021 to range of $7.51 - $8.01 from the prior estimation of $5.07 - $6.07 per share.
The company now expects adjusted earnings per share for the first half of 2021 to be in the range of $6.30 - $6.80 compared to the prior estimation of $5.90 - $6.90.
The company increased its net revenues outlook for the first half of 2021 to a range of $5.00 billion - $5.20 billion from the previous outlook of $4.85 billion - $5.15 billion.
The company expects to launch an accelerated share repurchase in the amount of approximately $1.5 billion in the coming days.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.