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Stock impact report

Quest Diagnostics Stock Gains From New Offerings, Customer Wins [Yahoo! Finance]

Quest Diagnostics Incorporated (DGX) 
Last quest diagnostics incorporated earnings: 4/22 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.questdiagnostics.com
Company Research Source: Yahoo! Finance
Quest Diagnostics DGX has been gaining from its existing solid customer relationships, new customer wins, broad health plan access and advanced diagnostics offerings. The stock carries a Zacks Rank #2 (Buy) currently. Factors Driving DGX Stock Quest Diagnostics has been experiencing robust volume growth in its core business (excluding COVID testing), banking on the growth of new physician and hospital customers, a more favorable test mix with increased use of advanced diagnostics, continued strength in healthcare utilization and the ongoing return to care. Base clinical volumes jumped 3.2% in the second quarter of 2024 due to the strength in physicians and hospitals. The quarter also saw strong base business growth for Physician Lab Services, driven by overall market growth and share gains on new customer wins. Added to this, Quest Diagnostics delivered strong volume and revenue growth from its Medicare Advantage plans. Its strategies to offer high-quality, cost-efficient tests Show less Read more
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