Quest Diagnostics Q3 revenue +8.5% to $2.49B, raises FY revenue guidance

QUEST DIAGNOSTICS INC

2024-Q3 EPS reported $5.74 revenue$7,251,000,000

Q3 revenue $2.49B (+8.5% YoY); reported EPS $1.99 (+1.5%); adjusted EPS $2.30 (+3.6%).
Organic revenue growth 4.2%; revenue per requisition +3.3%, volume +5.5%.
FY2024 revenue guidance raised to $9.80-9.85B (from $9.50-9.58B); adjusted EPS guidance unchanged at $8.85-8.95.
Hurricane Milton expected to reduce Q4 revenue by ~$15M and EPS by ~$0.08.
CEO cites customer wins and acquisitions including LifeLabs; 8 acquisitions targeted by year-end.

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