Tell us what you think about the new Article Page. Send us feedback
Quest Diagnostics will maintain 2009 forecasts
Ahead of Wednesday conference, Quest Diagnostics reiterates 2009 profit and revenue estimates
MADISON, N.J. (AP) -- Medical laboratory operator Quest Diagnostics Inc. said Monday it is backing its full-year profit and revenue forecasts.
Quest said it will back its profit forecast of $3.80 to $3.85 per share at a health care conference Wednesday morning. It will also maintain its forecast for revenue growth of about 3 percent, which suggests total revenue of around $7.47 billion.
Thomson Reuters says analysts are expecting a profit of $3.86 per share and $7.48 billion. Quest raised its profit guidance to its current levels on Oct. 20. Since then, analysts have raised their profit estimates by 7 cents per share.
In aftermarket trading, Quest stock slipped 2 cents to $56.11. During the day, shares rose 20 cents to $56.13.
Related Headlines
- Coverage initiated on Quest Diagnostics by Avondale - Briefing.com
- End of H1N1 'Second Wave' in Sight in the U.S., According to Quest Diagnostics - PR Newswire
- Roughly $280 Billion In Medicaid Spending Directed To The Elderly And Handicapped: Huge Market Opportunity Exists For Select Stocks - Wall Street Transcript
- Workers May Lie About Drug Use, but Hair Doesn't - at The New York Times
- Former Blue Shield Director Gives His Picks In the PBM And Health Insurance Space - Wall Street Transcript
Related Blog Headlines
- ETF Sector Detector: Getting More Defensive - at Seeking Alpha
- U.S. Healthcare Legislation Investment Impact - at Seeking Alpha
- What Stocks to Buy Amid Health Care Overhaul: Strategist - at CNBC
- A New Company from the Former Google Health Guy - at The Wall Street Journal Online
- Pee Is For Pharma, Pfizer & Profits - at CNBC
Top Stories
Tech Ticker Recent Posts
- Ten New Taxes Americans Will Get Slapped With to Pay for Healthcare - Joe Weisenthal
- Tech Ticker's Best of 2009: Guest of the Year, Barry Ritholtz - Aaron Task
- The Mailbag: Tech Ticker Viewers Sound Off, We Reply - Tech Ticker
Add Alert Copyright © 2009 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.