SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — Quest Diagnostics Inc. (DGX) on Tuesday reported third-quarter earnings of $226 million.
On a per-share basis, the Secaucus, New Jersey-based company said it had net income of $1.99. Earnings, adjusted for one-time gains and costs, were $2.30 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.26 per share.
The medical laboratory operator posted revenue of $2.49 billion in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $2.41 billion.
Quest Diagnostics expects full-year earnings in the range of $8.85 to $8.95 per share, with revenue in the range of $9.8 billion to $9.85 billion.
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