This is our first report on leading diagnostic service provider, Quest Diagnostics Incorporated. The company reported a successful fourth quarter with total revenue of $2.3 billion and an all-around beat. While their upside from COVID-19 testing has gone down, in the health insurance industry, value-based contracts are helping them advance since they exhibit significantly higher growth than conventional contracts. Additionally, they have already begun to reap the rewards of these value-based con ....

22 Mar 2023
Quest Diagnostics Incorporated: Initiation of Coverage – Business Strategy & Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (03/23)

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Quest Diagnostics Incorporated: Initiation of Coverage – Business Strategy & Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (03/23)
- Published:
22 Mar 2023 -
Author:
Ishan Majumdar -
Pages:
28 -
This is our first report on leading diagnostic service provider, Quest Diagnostics Incorporated. The company reported a successful fourth quarter with total revenue of $2.3 billion and an all-around beat. While their upside from COVID-19 testing has gone down, in the health insurance industry, value-based contracts are helping them advance since they exhibit significantly higher growth than conventional contracts. Additionally, they have already begun to reap the rewards of these value-based con ....