Quest Diagnostics — Jan 30, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001022079-25-000008
Showing in the filing
Adjusted diluted EPS
“between $9.55 and $9.80”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 5
Adjusted diluted EPS for FY2025
“between $9.55 and $9.80”
Quarterly dividend
“$3.20 per share annually”
Net revenues for FY2025
“$10.70 billion” – “$10.85 billion”
Cash provided by operations for FY2025
“Approximately $1.45 billion”
Capital expenditures for FY2025
“Approximately $500 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
eported diluted EPS of $7.69, up 2.7% from 2023; and adjusted diluted EPS of $8.93, up 2.5% from 2023 • Full year 2025 reported diluted EPS expected to be between $8.34 and $8.59; and adjusted diluted EPS expected to be between $9.55 and $9.80 SECAUCUS, N.J., January 30, 2025 -- Quest Diagnostics Incorporated (NYSE: DGX), a leading provider of diagnostic information services, announced today financial results for the fourth quarter and full year ended December 31, 2024. “In the fourth quarter, we delivered impressive revenue growth of nearly 15%, including approximately 5% organic growth, while also improving our profitability,” said Jim Davis, Chairman, CEO, and President. “For the full year, we drove revenue growth of close to 7%, including approximately 3% from organic growth. Our team completed eight acquisitions, including LifeLabs in Canada, expanded our advanced diagnostics portfolio, and extended our geographic and market reach with new clinical, consumer and health plan customers.” Mr. Davis continued: "Our guidance for 2025 reflects our confidence in the core strength of our business, continuing robust utilization, and the momentum from acquisitions completed in 2024. These dynamics position us favorably to accelerate revenue and earnings growth in 2025.” Select 2024 full year accomplishments: • Completed eight acquisitions, including LifeLabs in Canada and four hospital outreach lab acquisitions. • Extended o
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.