Quest Diagnostics (DGX) Tops Q3 EPS by 2c; Narrows FY16 Outlook

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Quest Diagnostics Reports Third Quarter 2016 Financial Results

October 20, 2016 6:45 AM EDT

MADISON, N.J., Oct. 20, 2016 /PRNewswire/ -- Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic information services, announced today that for the third quarter ended September 30, 2016, reported net income was $192 million, or $1.34 per diluted share, compared to $342 million, or $2.35 per diluted share, in 2015.

Adjusted net income was $182 million, compared to $172 million in 2015. Adjusted diluted EPS excluding amortization was $1.37 in the quarter, compared to $1.28 in 2015.  In the third quarter of 2016, reported net income benefitted by $10 million after tax, or... More