Quest Diagnostics (DGX) Reports In-Line Q1 EPS; Reaffirms Outlook

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Go back to Quest Diagnostics (DGX) Reports In-Line Q1 EPS; Reaffirms Outlook

Quest Diagnostics Reports First Quarter 2016 Financial Results

April 21, 2016 6:45 AM EDT

MADISON, N.J., April 21, 2016 /PRNewswire/ -- Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic information services, announced today that for the first quarter ended March 31, 2016, adjusted net income was $147 million, compared to $141 million in 2015. Adjusted diluted EPS excluding amortization was $1.12 in the quarter, compared to $1.05 in 2015.

Reported net income was $102 million, or $0.70 per diluted share, compared to $61 million, or $0.42 per diluted share, in 2015.  In the first quarter of 2016, reported net income was reduced by... More