What Awaits Quest Diagnostics (DGX) in Q2 Earnings Release?

Quest Diagnostics (DGX) is set to release second-quarter 2024 results on Jul 23 before the opening bell. Furthermore, Quest Diagnostics' Invigorate initiative is likely to have helped offset the cost headwinds in the quarter under review, enhancing the margin performance. The company may have continued to deploy automation and AI to improve productivity, as well as service levels and quality. Our model forecasts that DGX's cost of services will drop 1.7% sequentially in the second quarter, resulting in a 5% ...