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DGX
Market Watch
119 days

Quest Diagnostics earnings bolstered by March rebound, sending stock up 3% - MarketWatch

1. DGX reported a 3% stock rise post better-than-expected earnings. 2. Q1 net income increased to $220 million from $194 million year-over-year. 3. Adjusted EPS rose 8.3% to $2.21, surpassing consensus estimates. 4. Revenue grew 12.1% to $2.652 billion, exceeding expectations. 5. Company reaffirmed revenue guidance of $10.7-$10.85 billion for 2025.

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FAQ

Why Bullish?

The strong earnings report and guidance updates positively influence investor sentiment, similar to prior uptrends after solid earnings in healthcare stocks.

How important is it?

The article highlights financial performance and guidance which can significantly affect investor confidence and stock price movements.

Why Short Term?

Immediate positive reactions to Q1 performance are likely; historical patterns show similar impacts lasting a few months.

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