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Quest Diagnostics Reports Growth in Revenue and Earnings for Third Quarter 2008
Date:10/21/2008

(50.9) (54.6)

------ ------ ------ ------

Net income available to

common stockholders -

basic and diluted $110.8 $98.0 $411.7 $345.2

====== ===== ====== ======

Weighted average common

shares outstanding -

basic 195.0 193.4 194.5 193.1

Effect of dilutive

securities:

Stock options, restricted

common shares,

restricted stock units

and performance share

units 2.2 2.2 1.9 2.0

--- --- --- ---

Weighted average common

shares outstanding -

diluted 197.2 195.6 196.4 195.1

===== ===== ===== =====

Earnings per common share

- basic:

Income from continuing

operations $0.82 $0.78 $2.38 $2.07

Loss from discontinued

operations (0.25) (0.27) (0.26) (0.28)

------ ------ ------ ------

Net income $0.57 $0.51 $2.12 $1.79

===== ===== ===== =====

Earnings per common share

- diluted:

Income from continuing

operations $0.81 $0.77 $2.36 $2.05

Loss from discontinued

operations (0.25) (0.27) (0.26) (0.28)

------ ------ ------ ------

Net income $0.56 $0.50 $2.10 $1.77

===== ===== ===== =====

2) Results for the three and nine months ended September 30, 2008 include an estim
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SOURCE Quest Diagnostics Incorporated
Copyright©2008 PR Newswire.
All rights reserved

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