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Quest Diagnostics — Jan 30, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001022079-25-000008
Open on SEC.gov ↗
Showing in the filing
Net revenues
“$10.70 billion” – “$10.85 billion”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
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
The company has included a presentation that includes additional guidance information on the Events and Presentations page of its investor relations website, which can be found at www.QuestDiagnostics.com/investor. Low High Net revenues $10.70 billion $10.85 billion Net revenues increase 8.4% 9.9% Reported diluted EPS $8.34 $8.59 Adjusted diluted EPS $9.55 $9.80 Cash provided by operations Approximately $1.45 billion Capital expenditures Approximately $500 million Note on Non-GAAP Financial Measures As used in this press release the term “reported” refers to measures under accounting principles generally accepted in the United States (“GAAP”). The term “adjusted” refers to non-GAAP operating performance measures that exclude special items such as restructuring and integration charges, amortization expense, excess tax benefits ("ETB") associated with stock-based compensation, gains and losses associated with changes in the carrying value of our strategic investments, and other items. 2 Non-GAAP adjusted measures are presented because management believes those measures are useful adjuncts to GAAP results. Non-GAAP adjusted measures should not be considered as an alternative to the corresponding measures determined under GAAP. Management may use these non-GAAP measures to evaluate our performance period over period and relative to competitors, to analyze the underlying trends in our business, to establish operational budgets and f
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.