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Quest Diagnostics (DGX) Tops Q1 EPS by 5c

April 22, 2021 6:47 AM

Quest Diagnostics (NYSE: DGX) reported Q1 EPS of $3.76, $0.05 better than the analyst estimate of $3.71. Revenue for the quarter came in at $2.72 billion versus the consensus estimate of $2.64 billion.

The company updates its outlook for the first half of 2021 as follows:

Updated Outlook

Previous Outlook

Low

High

Low

High

Net revenues

$5.00 billion

$5.20 billion

$4.85 billion

$5.15 billion

Net revenues increase

37.0%

42.5%

32.9%

41.1%

Reported diluted EPS

$7.51

$8.01

$5.07

$6.07

Adjusted diluted EPS

$6.30

$6.80

$5.90

$6.90

Cash provided by operations

At least $1 billion

At least $800 million

Capital expenditures

Approximately $200 million

Approximately $200 million

For earnings history and earnings-related data on Quest Diagnostics (DGX) click here.

Categories

Earnings Guidance

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