Quest Diagnostics (DGX) Q4 Earnings Beat, Margins Strong
Zacks Investment Research | Jan 29, 2020 11:15PM ET
Quest Diagnostics Incorporated’s (NYSE:DGX) fourth-quarter 2019 adjusted earnings per share (EPS) of $1.67 surpassed the Zacks Consensus Estimate by 4.4%. Adjusted earnings also improved 23.7% from the year-ago number. The impact of certain one-time items, such as restructuring and integration charges plus amortization expenses, was excluded from both the quarters’ adjusted figures.
GAAP EPS from continuing operations came in at $1.86, skyrocketing 101.2% from the year-ago quarter.
For the full year, adjusted earnings of $6.56 per share came ahead of the Zacks Consensus Estimate by 1.1% and also rose 3.9% from the year-ago figure. The figure exceeded the company’s projected range of $6.45-$6.50 as well.
Reported revenues in the fourth quarter rose 4.7% year over year to $1.93 billion. The same beat the consensus estimate of $1.92 billion.
Quest Diagnostics Incorporated Price, Consensus and EPS Surprise
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