Quest Diagnostics Reports First Quarter 2020 Financial Results

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Quest Diagnostics (DGX) Tops Q1 EPS by 4c, Revenues Beat

April 22, 2020 6:46 AM EDT

Quest Diagnostics (NYSE: DGX) reported Q1 EPS of $0.94, $0.04 better than the analyst estimate of $0.90. Revenue for the quarter came in at $1.82 billion versus the consensus estimate of $1.76 billion.

"We were very pleased with Quest's results in January and February, which were consistent with the full-year guidance we provided in January," said Steve Rusckowski, Chairman, CEO and President. "However, in March, we experienced a material decline in testing volumes due to the COVID-19 pandemic. During the last... More