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

 Operating costs and expenses: 

 

 

 

 

 

 

 Cost of services

 

1,077.3

 

1,080.4

 

4,395.3

 

4,317.2Selling, general and administrative

 

457.1

 

431.0

 

1,814.3

 

1,707.7Amortization of intangible assets

 

19.2

 

10.7

 

67.0

 

39.2Other operating expense, net

 

0.6

 

7.7

 

238.9

 

9.3Total operating costs and expenses

 

1,554.2

 

1,529.8

 

6,515.5

 

6,073.4 

 

 

 

 

 

 

 

 Operating income  

325.1

 

294.2

 

995.0

 

1,295.5 

 

 

 

 

 

 

 

 Other income (expense): 

 

 

 

 

 

 

 Interest expense, net

 

(42.7)

 

(37.6)

 

(170.6)

 

(146.1)Equity earnings in unconsolidated joint ventures

 

6.1

 

7.0

 

29.0

 

29.6Other income, net

 

3.8

 

3.3

 

2.9

 

5.3Total non-operating expenses, net

 

(32.8)

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SOURCE Quest Diagnostics Incorporated
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