Quest Diagnostics Q1 revenue up 12.1% to $2.65B, raises FY reported EPS guidance

QUEST DIAGNOSTICS INC

2025-Q1 EPS reported $1.94 revenue$2,652,000,000

Q1 net revenues $2.65B (+12.1% YoY); reported diluted EPS $1.94 (+12.8%), adjusted diluted EPS $2.21 (+8.3%).
Organic revenue growth nearly 2.5%; requisition volume up 12.4%, organic volume down 0.9%.
Operating income $346M (13.0% margin); adjusted operating income $406M (15.3% margin).
Full year 2025 reported diluted EPS guidance raised to $8.62-$8.87 from prior $8.34-$8.59; adjusted EPS reaffirmed $9.55-$9.80.
Cash from operations guidance raised to ~$1.5B from ~$1.45B; capex unchanged at ~$500M.

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