Quest diagnostics reports fourth quarter and full year 2023 financial results; provides guidance for full year 2024; increases quarterly dividend 5.6% to $0.75 per share
Fourth quarter revenues of $2.29 billion, down 1.9% from 2022 fourth quarter reported diluted earnings per share ("eps") of $1.70, up 95.4% from 2022; and adjusted diluted eps of $2.15, up 8.6% from 2022 fourth quarter base business revenues of $2.25 billion, up 4.7% from 2022 fourth quarter covid-19 testing revenues of $37 million, down 79.8% from 2022 full year revenues of $9.25 billion, down 6.4% from 2022 full year reported diluted eps of $7.49, down 6.0% from 2022; and adjusted diluted eps of $8.71, down 12.5% from 2022 full year base business revenues of $9.03 billion, up 7.1% from 2022 full year covid-19 testing revenues of $223 million, down 84.7% from 2022 full year 2024 reported diluted eps expected to be between $7.69 and $7.99; and adjusted diluted eps expected to be between $8.60 and $8.90 secaucus, n.j. , feb. 1, 2024 /prnewswire/ -- quest diagnostics incorporated (nyse: dgx), the world's leading provider of diagnostic information services, announced today financial results for the fourth quarter and full year ended december 31, 2023.
DGX Ratings Summary
DGX Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission