earnings
confidence high
sentiment positive
materiality 0.75
Quest Diagnostics Q4 revenue down 8.6%, FY record $10.8B; raises dividend 6.5%; FY2022 guide adj EPS $8.65-$9.35
QUEST DIAGNOSTICS INC
2021-FY EPS reported
$15.55
revenue$10,788,000,000
- Fourth quarter revenues $2.74B (-8.6% YoY); diluted EPS $3.12 reported, $3.33 adjusted (-25.7% adj.).
- Full year 2021 revenues $10.79B (+14.3%); diluted EPS $15.55 reported, $14.24 adjusted (+27.4% adj.).
- Board increased quarterly dividend 6.5% to $0.66/share, payable April 20, 2022, record April 6, 2022.
- FY2022 guidance: revenues $9.0-$9.5B, adj. diluted EPS $8.65-$9.35; base business revenue growth 3.5%-6.0%.
- Cash from operations FY2021 $2.23B (+11.4% YoY); FY2022 cash from operations guided at least $1.6B.