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Thursday, January 30, 2025

Quest 2025 guidance; ups dividend

 Quest Diagnostics' Board of Directors has authorized a 6.7% increase in its quarterly dividend from $0.75 to $0.80 per share, or $3.20 per share annually, effective with the dividend payable on April 21, 2025 to shareholders of record of Quest Diagnostics common stock on April 7, 2025. The company has raised its dividend annually since 2011.

Guidance for Full Year 2025

The company estimates its full year 2025 guidance in the table below. The company has included a presentation that includes additional guidance information on the Events and Presentations page of its investor relations website, which can be found at www.QuestDiagnostics.com/investor.


Low


High

Net revenues

$10.70 billion


$10.85 billion

Net revenues increase

8.4 %


9.9 %

Reported diluted EPS

$8.34


$8.59

Adjusted diluted EPS

$9.55


$9.80

Cash provided by operations

Approximately $1.45 billion

Capital expenditures

Approximately $500 million


Quest Diagnostics will hold its quarterly conference call to discuss financial results beginning at 8:30 a.m. Eastern Time today.  The conference call can be accessed by dialing 888-455-0391 within the U.S. and Canada, or 773-756-0467 internationally, passcode: 7895081; or via live webcast on our website at www.QuestDiagnostics.com/investor.  We suggest participants dial in approximately 10 minutes before the call.

A replay of the call may be accessed online at www.QuestDiagnostics.com/investor or, from approximately 10:30 a.m. Eastern Time on January 30, 2025 until midnight Eastern Time on February 13, 2025, by phone at 866-360-8701 for domestic callers and  203-369-0179 for international callers. Anyone listening to the call is encouraged to read our periodic reports, on file with the Securities and Exchange Commission, including the discussion of risk factors and historical results of operations and financial condition in those reports.

https://www.prnewswire.com/news-releases/quest-diagnostics-reports-fourth-quarter-and-full-year-2024-financial-results-provides-guidance-for-full-year-2025-increases-quarterly-dividend-6-7-to-0-80-per-share-302363808.html

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