Investing.com - Quest Diagnostics reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Quest Diagnostics announced earnings per share of $3.22 on revenue of $2.61B. Analysts polled by Investing.com anticipated EPS of $3.03 on revenue of $2.61B.
Quest Diagnostics shares are down 7% from the beginning of the year and are trading at $138.45 , down-from-52-week-high.They are under-performing the S&P 500 which is down 6.44% from the start of the year.
Quest Diagnostics follows other major Healthcare sector earnings this month
Quest Diagnostics's report follows an earnings beat by UnitedHealth on April 14, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.38 on revenue of $78,786M.
J&J had beat expectations on Tuesday with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.69B.
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