Quest Diagnostics Earnings: Your Sneak Peek to the Big Announcement

Quest Diagnostics (NYSE:DGX) will report earnings before markets open on Thursday, July 18th. Quest Diagnostics Incorporated provides diagnostic testing, information, and services. The Company operates a national network of full-service laboratories, rapid response laboratories, and patient service centers. Quest Diagnostics provides esoteric testing, routine medical testing, drugs of abuse testing, and non-hospital-based anatomicpathology testing.

Here is your Cheat Sheet to Quest Diagnostics Earnings:

Earnings Expectations: Analysts expect earnings of $1.09 per share on revenues of $1.84 billion. Currently, the company’s P/E ratio stands at 17.90.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.16 to a profit $1.2. For the current year, the average estimate is a profit of $4.35, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Quest Diagnostics has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 7,249 7,455 7,369 7,510 7,383
Diluted EPS ($) 2.97 3.87 4.07 2.92 3.46

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,906.80 1,851.40 1,773.80 1,786.60
Diluted EPS ($) 1.11 1.01 0.34 0.85

Past Performance:
Quest Diagnostics has beat analyst estimates time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)