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Quest Diagnostics Reports Fourth Quarter 2011 Financial Results; Provides Guidance for 2012
Date:1/24/2012

#160; 

 

Net income

-

5.9

5.9

 

 

 

  

 

Diluted earnings per common share

-

0.03

0.03

 

 

 

  

4)

The following table summarizes the impact to the year over year comparisons for the Medi-Cal charge, transaction costs, restructuring and integration charges, CEO succession costs, the estimated impact of severe weather and the employment litigation settlement on certain reported results for the twelve months ended December 31, 2011 and 2010 (in millions, except per share data):  

 

 

 

Twelve Months Ended December 31, 2011 and 2010 

 

 

 

Medi-Cal Charge 

 

Transaction Costs 

 

 

 

2011 

2010Better(Worse) 

 

2011 

2010Better(Worse) 

 

 

 

 

 

 

 

 

  

 

Cost of services

$
-

$
-

$
-

 

$
-

$
-

$

 

Selling, general and administrative

-

-

-

 

16.9

-

(16.9) 

 

Operating income

236.0

-

(236.0)

 

16.9

-

(16.9) 

 

Net income

194.7

-

(194.7)

 

15.2

-

(15.2) 

 

Diluted earnings per common share

1.22

-


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SOURCE Quest Diagnostics Incorporated
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