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Tuesday, July 23, 2019

Quest Diagnostics Q2 revenues up 2%; earnings down 6%

Quest Diagnostics (NYSE:DGXQ2 results ($M): Revenues: 1,953 (+1.8%).
Net income: 206 (-5.9%); non-GAAP net income: 237 (-3.3%); EPS: 1.51 (-3.8%); non-GAAP EPS: 1.73 (-1.1%).
Cash flow ops: 321 (-0.6%).
2019 guidance: Revenues: $7.60B – 7.75B (unch); EPS: >$5.29 from >$5.16; non-GAAP EPS: >$6.40 (unch); cash flow ops: ~$1.3B (unch).

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