Quest Expects Q3 Revenues, EPS to Fall Short of Analyst Estimates | GenomeWeb

NEW YORK (GenomeWeb News) – Quest Diagnostics today pre-announced third quarter earnings results that are expected to fall short of consensus Wall Street estimates.

For the three months ended Sept. 30, the company said that revenues from continuing operations are anticipated to be $1.79 billion, a 2 percent dip from the year-ago period and below analyst expectations of $1.84 billion. Its earnings per share is expected to be $2.66, up from $.98 a year ago. On an adjusted basis EPS is estimated at $1.02, short of Wall Street estimates of $1.20.

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