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Quest Diagnostics Q3 profit beats estimates; revenue up 8.5% YoY, driven by new customers and partnerships.
Quest Diagnostics Inc. reported Q3 earnings of $2.30 per share, surpassing expectations, with sales reaching $2.49 billion—both higher than analyst estimates.
Revenue grew 8.5% year-over-year, driven by new customer acquisitions and expanded partnerships.
The company now forecasts 2024 revenue between $9.80 billion and $9.85 billion and adjusted EPS of $8.85 to $8.95.
Recent acquisitions, including LifeLabs, contributed to this optimistic outlook.
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Quest Diagnostics Q3 gana más que las estimaciones; los ingresos aumentan 8,5 % YoY, impulsados por nuevos clientes y asociaciones.