Will New Alliances Aid Quest Diagnostics (DGX) Q3 Earnings?
Zacks Investment Research | Oct 17, 2019 12:03AM ET
Quest Diagnostics Incorporated (NYSE:DGX) is scheduled to report third-quarter 2019 earnings on Oct 22, before the opening bell.
The Zacks Consensus Estimate for third-quarter earnings of $1.72 implies a 2.38% rise from the year-ago reported figure.
In the last reported quarter, the company’s earnings exceeded the Zacks Consensus Estimate by 2.37%, the average trailing four-quarter positive surprise being 1.33%.
Let’s take a look at how things are shaping up prior to this announcement.
Factors Likely to Influence Third-Quarter Results
Quest Diagnostics seems well-aligned with its two-pronged agenda to accelerate growth and drive operational excellence. Per the company, its frequently growing partnerships with other health care leaders and prudent buyouts are creating promising opportunities for the top and the bottom line while at the same time, the patient experience is improved and the overall cost of care, reduced.
As an evidence, the company satisfied all the five elements of its growth acceleration strategy through the last few quarters. Therefore, we strongly expect this momentum to most likely reflect on the upcoming quarterly results.
Quest Diagnostics Incorporated Price and EPS Surprise
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