Quest Diagnostics (DGX) official guidance

Quest Diagnostics (DGX) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.

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DGXQUEST DIAGNOSTICS INCFY2026 · ends 2026-12-31
5 metrics3 maintained
earnings call · 8d
2026-10-22 14:02:21 UTC$550Mmaintained4.4% vs FY2025
Cash from operations to be approximately $1.9 billion and capital expenditures to be approximately $550 million.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 10:50:53 UTC$550Mmaintained4.4% vs FY2025
| Capital expenditures | Approximately $550 million | | Approximately $550 million | |
DGX · EX-99.1 · Q3 FY2026
2026-10-22 10:49:59 UTCOpen source
2026-07-24 04:01:11 UTC$550Mmaintained4.4% vs FY2025
Cash from operations to be approximately $1.8 billion, and capital expenditures to be approximately $550 million.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-07-23 10:47:41 UTC$550Mmaintained4.4% vs FY2025
| Capital expenditures | Approximately $550 million | | Approximately $550 million | |
DGX · EX-99.1 · Q2 FY2026
2026-07-23 10:46:37 UTCOpen source
2026-04-22 04:01:46 UTC$550Mmaintained4.4% vs FY2025
Cash from operations to be approximately $1.75 billion, capital expenditures to be approximately $550 million, share count and interest expense to be consistent with 2025, and our 2026 guidance reflects the following considerations.
DGX · transcript · Q1 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-04-21 10:49:29 UTC$550Mmaintained4.4% vs FY2025
| Capital expenditures | Approximately $550 million | | Approximately $550 million | |
DGX · EX-99.1 · Q1 FY2026
2026-04-21 10:48:47 UTCOpen source
2026-02-11 05:01:29 UTC$550Mmaintained
Capital expenditures are expected to be approximately $550 million.
DGX · transcript · Q4 FY2025
2026-02-11 05:00:00 UTCOpen source
2026-02-10 11:54:08 UTC$550Mnew
| Capital expenditures | Approximately $550 million | |
DGX · EX-99.1 · Q4 FY2025
2026-02-10 11:53:25 UTCOpen source
2026-10-22 14:02:21 UTC3%maintained
We remain on track to deliver 3% in annual cost savings and productivity improvements through our Invigorate program.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:11 UTC3%maintained
We remain on track to deliver 3% in annual cost savings and productivity improvements through our Invigorate program.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-22 04:01:46 UTC3%new
Through our Invigorate program, we expect to continue to deliver 3% in annual cost savings and productivity improvements.
DGX · transcript · Q1 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-10-22 14:02:21 UTCslightly below 2025
Share count is expected to be slightly below 2025.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:11 UTCslightly below 2025
Share count is expected to be slightly below 2025.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-22 04:01:46 UTCconsistent with 2025
Cash from operations to be approximately $1.75 billion, capital expenditures to be approximately $550 million, share count and interest expense to be consistent with 2025, and our 2026 guidance reflects the following considerations.
DGX · transcript · Q1 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-02-11 05:01:29 UTCconsistent with 2025new
Our share count and interest expense are expected to be consistent with 2025.
DGX · transcript · Q4 FY2025
2026-02-11 05:00:00 UTCOpen source
2026-10-22 14:02:21 UTCconsistent with 2025
Adjusted effective tax rate is expected to be consistent with 2025, and interest expense is now expected to be lower than 2025.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:11 UTCconsistent with 2025
Adjusted effective tax rate is now expected to be consistent with 2025.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-07-23 10:47:41 UTCconsistent with 2025new
Based on the favorable resolution of various tax contingencies in the second quarter, the full year adjusted effective tax rate is expected to be consistent with 2025.
DGX · EX-99.1 · Q2 FY2026
2026-07-23 10:46:37 UTCOpen source
2026-10-22 14:02:21 UTC$11.25 – $11.35maintained
Reported EPS to be in a range of $10.21 to $10.31, and adjusted EPS in a range of $11.25 to $11.35.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 10:50:53 UTC$11.25 – $11.35raised +1.3%
•Full year 2026 reported diluted EPS now expected to be between $10.21 and $10.31; and adjusted diluted EPS expected to be between $11.25 and $11.35
DGX · EX-99.1 · Q3 FY2026
2026-10-22 10:49:59 UTCOpen source
2026-07-24 04:01:11 UTC$11.05 – $11.25maintained
Reported EPS to be in a range of $9.97-$10.17, and adjusted EPS in a range of $11.05-$11.25.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-07-23 10:47:41 UTC$11.05 – $11.25raised +3.9%
•Full year 2026 reported diluted EPS now expected to be between $9.97 and $10.17; and adjusted diluted EPS expected to be between $11.05 and $11.25
DGX · EX-99.1 · Q2 FY2026
2026-07-23 10:46:37 UTCOpen source
2026-04-22 04:01:46 UTC$10.63 – $10.83maintained
Reported EPS to be in a range of $9.58-$9.78, and adjusted EPS in a range of $10.63-$10.83.
DGX · transcript · Q1 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-04-21 10:49:29 UTC$10.63 – $10.83raised +1.2%
| Adjusted diluted EPS | $10.63 | $10.83 | $10.50 | $10.70 |
DGX · EX-99.1 · Q1 FY2026
2026-04-21 10:48:47 UTCOpen source
2026-02-11 05:01:29 UTC$10.5 – $10.7maintained
Reported EPS is expected to be in a range of $9.45-$9.65, and adjusted EPS in a range of $10.50-$10.70.
DGX · transcript · Q4 FY2025
2026-02-11 05:00:00 UTCOpen source
2026-02-10 11:54:08 UTC$10.5 – $10.7new
| Adjusted diluted EPS | $10.50 | $10.70 |
DGX · EX-99.1 · Q4 FY2025
2026-02-10 11:53:25 UTCOpen source
DGXQUEST DIAGNOSTICS INCQ4 FY2026 · ends 2026-12-31
1 metric1 new
earnings call · 8d
2026-10-22 14:02:21 UTC10 bps – 20 bpsnew
Expectation for Q4 is that we have sized it as a 10-20 basis point impact from HIX in Q4.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
DGXQUEST DIAGNOSTICS INCFY2026 · ends 2026-12-31
2 metrics1 maintained
earnings call · 8d
2026-10-22 14:02:21 UTC$1.9Bmaintained0.7% vs FY2025
Cash from operations to be approximately $1.9 billion and capital expenditures to be approximately $550 million.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 10:50:53 UTC$1.9Braised +5.6%0.7% vs FY2025
| Cash provided by operations | Approximately $1.90 billion | | Approximately $1.80 billion | |
DGX · EX-99.1 · Q3 FY2026
2026-10-22 10:49:59 UTCOpen source
2026-07-24 04:01:11 UTC$1.8Bmaintained-4.6% vs FY2025
Cash from operations to be approximately $1.8 billion, and capital expenditures to be approximately $550 million.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-07-23 10:47:41 UTC$1.8Braised +2.9%-4.6% vs FY2025
| Cash provided by operations | Approximately $1.80 billion | | Approximately $1.75 billion | |
DGX · EX-99.1 · Q2 FY2026
2026-07-23 10:46:37 UTCOpen source
2026-04-22 04:01:46 UTC$1.8Bmaintained-7.2% vs FY2025
Cash from operations to be approximately $1.75 billion, capital expenditures to be approximately $550 million, share count and interest expense to be consistent with 2025, and our 2026 guidance reflects the following considerations.
DGX · transcript · Q1 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-04-21 10:49:29 UTC$1.8Bmaintained-7.2% vs FY2025
| Cash provided by operations | Approximately $1.75 billion | | Approximately $1.75 billion | |
DGX · EX-99.1 · Q1 FY2026
2026-04-21 10:48:47 UTCOpen source
2026-02-11 05:01:29 UTC$1.8Bmaintained
Cash from operations is expected to be approximately $1.75 billion.
DGX · transcript · Q4 FY2025
2026-02-11 05:00:00 UTCOpen source
2026-02-10 11:54:08 UTC$1.8Bnew
| Cash provided by operations | Approximately $1.75 billion | |
DGX · EX-99.1 · Q4 FY2025
2026-02-10 11:53:25 UTCOpen source
2026-10-22 14:02:21 UTCexpected to expand versus the prior year
Operating margin is expected to expand versus the prior year.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:11 UTCexpected to expand versus the prior year
Operating margin is expected to expand versus the prior year.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-22 04:01:46 UTCexpand versus the prior year
Operating margin is expected to expand versus the prior year.
DGX · transcript · Q1 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-02-11 05:01:29 UTCexpand versus the prior yearnew
Operating margin is expected to expand versus the prior year.
DGX · transcript · Q4 FY2025
2026-02-11 05:00:00 UTCOpen source
DGXQUEST DIAGNOSTICS INCFY2027 · ends 2027-12-31
1 metric1 new
earnings call · 8d
2026-10-22 14:02:21 UTC1%new
The PAMA impact for 2027 is estimated at approximately 1% of total company revenues, consistent with our previous commentary.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
DGXQUEST DIAGNOSTICS INCFY2029+ · ends 2029-12-31
1 metric1 new
earnings call · 8d
2026-10-22 14:02:21 UTCat most 1.3%new
The cumulative impact is expected to be less than 1.3% of total revenues for years 2027 through 2029.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
DGXQUEST DIAGNOSTICS INCFY2027 · ends 2027-12-31
1 metric1 new
earnings call · 8d
2026-10-22 14:02:21 UTCmaintain this flattish outlooknew
From a pricing perspective, ex PAMA, we expect to maintain this flattish outlook in terms of pricing across our third-party payer partners.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
DGXQUEST DIAGNOSTICS INCFY2026 · ends 2026-12-31
1 metric
earnings call · 8d
2026-10-22 14:02:21 UTC$0.25
Project Nova expense expectations remain consistent for the full year at an EPS impact of $0.25, with approximately 70% of these expenses to be incurred in the second half of this year.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:11 UTCunchanged for the full yearnew
Nova expenses are unchanged for the full year, but we anticipate increased spend in the H2 of the year compared to prior expectations.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
DGXQUEST DIAGNOSTICS INCH4 FY2026 · ends 2026-12-31
1 metric1 new
earnings call · 8d
2026-10-22 14:02:21 UTC70%new
Project Nova expense expectations remain consistent for the full year at an EPS impact of $0.25, with approximately 70% of these expenses to be incurred in the second half of this year.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
DGXQUEST DIAGNOSTICS INCFY2026 · ends 2026-12-31
7 metrics1 raised1 lowered1 new3 maintained
earnings call · 8d
2026-10-22 14:02:21 UTC$12.1B – $12.1Bmaintained9.3% – 9.7% vs FY2025
We now expect revenues to be between $12.065 billion and $12.105 billion, reflecting a growth rate of 9.3% to 9.7%.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 10:50:53 UTC$12.1B – $12.1Braised +0.7%9.3% – 9.7% vs FY2025
| Net revenues | $12.065 billion | $12.105 billion | $11.95 billion | $12.05 billion |
DGX · EX-99.1 · Q3 FY2026
2026-10-22 10:49:59 UTCOpen source
2026-07-24 04:01:11 UTC$11.9B – $12.1Bmaintained8.3% – 9.2% vs FY2025
We now expect revenues to be between $11.95 billion and $12.05 billion, reflecting a growth rate of 8.3%-9.2%.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-07-23 10:47:41 UTC$11.9B – $12.1Braised +1.4%8.3% – 9.2% vs FY2025
•Full year 2026 revenues now expected to be between $11.95 billion and $12.05 billion
DGX · EX-99.1 · Q2 FY2026
2026-07-23 10:46:37 UTCOpen source
2026-04-22 04:01:46 UTC$11.8B – $11.9Bmaintained6.8% – 7.8% vs FY2025
We now expect revenues to be between $11.78 billion and $11.9 billion, a growth rate of 6.8%-7.8%.
DGX · transcript · Q1 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-04-21 10:49:29 UTC$11.8B – $11.9Braised +0.7%6.8% – 7.8% vs FY2025
| Net revenues | $11.78 billion | $11.90 billion | $11.70 billion | $11.82 billion |
DGX · EX-99.1 · Q1 FY2026
2026-04-21 10:48:47 UTCOpen source
2026-02-11 05:01:29 UTC$11.7B – $11.8Bmaintained
Turning now to our full-year 2026 guidance. Revenues are expected to be between $11.7 billion-$11.82 billion, which represents a growth rate of 6%-7.1%.
DGX · transcript · Q4 FY2025
2026-02-11 05:00:00 UTCOpen source
2026-02-10 11:54:08 UTC$11.7B – $11.8Bnew
| Net revenues | $11.70 billion | $11.82 billion |
DGX · EX-99.1 · Q4 FY2025
2026-02-10 11:53:25 UTCOpen source
2026-10-22 14:02:21 UTCat least 30%new30% vs FY2025
We expect our growth rate across consumer health to exceed 30% for the full year.
DGX · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 10:50:53 UTC$149Mmaintained
(b)Represents estimated pre-tax amortization expenses of $149 million. Income tax benefits were primarily calculated using a combined statutory income tax rate of 25.5%.
DGX · EX-99.1 · Q3 FY2026
2026-10-22 10:49:59 UTCOpen source
2026-07-23 10:47:41 UTC$149Mmaintained
Represents estimated pre-tax amortization expenses of $149 million. Income tax benefits were primarily calculated using a combined statutory income tax rate of 25.5%.
DGX · EX-99.1 · Q2 FY2026
2026-07-23 10:46:37 UTCOpen source
2026-04-21 10:49:29 UTC$149Mlowered -3.9%
Represents estimated pre-tax amortization expenses of $149 million.
DGX · EX-99.1 · Q1 FY2026
2026-04-21 10:48:47 UTCOpen source
2026-02-10 11:54:08 UTC$155Mnew
Represents estimated pre-tax amortization expenses of $155 million. Income tax benefits were primarily calculated using a combined statutory income tax rate of 25.5%.
DGX · EX-99.1 · Q4 FY2025
2026-02-10 11:53:25 UTCOpen source
2026-10-22 10:50:53 UTC$10.21 – $10.31raised +1.9%16.7% – 17.8% vs FY2025
•Full year 2026 reported diluted EPS now expected to be between $10.21 and $10.31; and adjusted diluted EPS expected to be between $11.25 and $11.35
DGX · EX-99.1 · Q3 FY2026
2026-10-22 10:49:59 UTCOpen source
2026-07-24 04:01:11 UTC$9.97 – $10.17maintained13.9% – 16.2% vs FY2025
Reported EPS to be in a range of $9.97-$10.17, and adjusted EPS in a range of $11.05-$11.25.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-07-23 10:47:41 UTC$9.97 – $10.17raised +4.0%13.9% – 16.2% vs FY2025
•Full year 2026 reported diluted EPS now expected to be between $9.97 and $10.17; and adjusted diluted EPS expected to be between $11.05 and $11.25
DGX · EX-99.1 · Q2 FY2026
2026-07-23 10:46:37 UTCOpen source
2026-04-21 10:49:29 UTC$9.58 – $9.78raised +1.4%9.5% – 11.8% vs FY2025
| Reported diluted EPS | $9.58 | $9.78 | $9.45 | $9.65 |
DGX · EX-99.1 · Q1 FY2026
2026-04-21 10:48:47 UTCOpen source
2026-02-11 05:01:29 UTC$9.45 – $9.65maintained
Reported EPS is expected to be in a range of $9.45-$9.65, and adjusted EPS in a range of $10.50-$10.70.
DGX · transcript · Q4 FY2025
2026-02-11 05:00:00 UTCOpen source
2026-02-10 11:54:08 UTC$9.45 – $9.65new
| Reported diluted EPS | $9.45 | $9.65 |
DGX · EX-99.1 · Q4 FY2025
2026-02-10 11:53:25 UTCOpen source
2026-10-22 10:50:53 UTC$9Mmaintained
(c)Principally represents estimated pre-tax net losses of $9 million associated with the increase in the fair value of the contingent consideration accrual associated with previous acquisitions.
DGX · EX-99.1 · Q3 FY2026
2026-10-22 10:49:59 UTCOpen source
2026-07-23 10:47:41 UTC$9Mlowered -10.0%
Principally represents estimated pre-tax net losses of $9 million associated with the increase in the fair value of the contingent consideration accrual associated with previous acquisitions.
DGX · EX-99.1 · Q2 FY2026
2026-07-23 10:46:37 UTCOpen source
2026-04-21 10:49:29 UTC$10Mlowered -16.7%
Principally represents estimated pre-tax net losses of $10 million associated with the increase in the fair value of the contingent consideration accrual associated with previous acquisitions.
DGX · EX-99.1 · Q1 FY2026
2026-04-21 10:48:47 UTCOpen source
2026-02-10 11:54:08 UTC$12Mnew
Principally includes estimated pre-tax net charges of $12 million associated with the estimated change in the fair value of the contingent consideration accrual associated with previous acquisitions.
DGX · EX-99.1 · Q4 FY2025
2026-02-10 11:53:25 UTCOpen source
2026-10-22 10:50:53 UTC$20Mlowered -4.8%
(a)Represents estimated pre-tax charges of $20 million primarily associated with workforce reductions and integration costs incurred in connection with further restructuring and integrating our business.
DGX · EX-99.1 · Q3 FY2026
2026-10-22 10:49:59 UTCOpen source
2026-07-23 10:47:41 UTC$21Mraised +31.3%
Represents estimated pre-tax charges of $21 million primarily associated with workforce reductions and integration costs incurred in connection with further restructuring and integrating our business.
DGX · EX-99.1 · Q2 FY2026
2026-07-23 10:46:37 UTCOpen source
2026-04-21 10:49:29 UTC$16Mraised +33.3%
Represents estimated pre-tax charges of $16 million primarily associated with workforce reductions and integration costs incurred in connection with further restructuring and integrating our business.
DGX · EX-99.1 · Q1 FY2026
2026-04-21 10:48:47 UTCOpen source
2026-02-10 11:54:08 UTC$12Mnew
Represents estimated pre-tax charges of $12 million primarily associated with workforce reductions and integration costs incurred in connection with further restructuring and integrating our business.
DGX · EX-99.1 · Q4 FY2025
2026-02-10 11:53:25 UTCOpen source
2026-07-24 04:01:11 UTCconsistent with 2025
Interest expense to be consistent with 2025.
DGX · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-22 04:01:46 UTCconsistent with 2025
Cash from operations to be approximately $1.75 billion, capital expenditures to be approximately $550 million, share count and interest expense to be consistent with 2025, and our 2026 guidance reflects the following considerations.
DGX · transcript · Q1 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-02-11 05:01:29 UTCconsistent with 2025new
Our share count and interest expense are expected to be consistent with 2025.
DGX · transcript · Q4 FY2025
2026-02-11 05:00:00 UTCOpen source