Quest Diagnostics Earnings Climb 18% In Q1

(RTTNews) - Quest Diagnostics (DGX) revealed a profit for its first quarter that advanced from last year.

The company said its bottom line totaled $175 million, or $1.33 per share. This was up from $148 million, or $1.13 per share, in last year's first quarter.

Analysts had expected the company to earn $1.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.6% to $1.89 billion. This was up from $1.86 billion last year.

Quest Diagnostics earnings at a glance:

-Earnings (Q1): $175 Mln. vs. $148 Mln. last year. -Earnings Growth (Y-o-Y): 18.2% -EPS (Q1): $1.33 vs. $1.13 last year. -EPS Growth (Y-o-Y): 17.7% -Analysts Estimate: $1.18 -Revenue (Q1): $1.89 Bln vs. $1.86 Bln last year. -Revenue Change (Y-o-Y): 1.6%

-Guidance: Full year EPS guidance: $5.45 - $5.60 Full year revenue guidance: $7.64 - $7.72 Bln