other material
confidence high
sentiment neutral
materiality 0.55
Quest Diagnostics provides long-term outlook: 4-5% revenue CAGR; reaffirms FY2025 guidance but notes Q1 weather headwind
QUEST DIAGNOSTICS INC
- Long-term outlook: revenue CAGR 4-5%, adjusted EPS CAGR 7-9% beyond 2025.
- Reaffirms FY2025 guidance: revenue $10.70B-$10.85B, adjusted EPS $9.55-$9.80.
- Q1 2025 weather headwind of ~$25M revenue and ~$0.10 EPS expected.
- Strategic initiatives include Invigorate productivity (3% annual savings) and Project Nova IT modernization.
- Double-digit growth targeted in advanced diagnostics: oncology, cardiometabolic, brain health, others.