Quest Diagnostics and Labcorp, two major laboratory operators, reported third-quarter results that exceeded Wall Street estimates, driven by strong demand for diagnostic tests. Quest Diagnostics announced its results on October 22, 2024, highlighting robust demand that contributed to its profit and revenue surpassing expectations. Labcorp followed suit on October 24, 2024, also reporting better-than-expected results, with its performance bolstered by high demand for diagnostic services, despite facing challenges from hurricane-related disruptions. Both companies' financial results reflect a growing trend in the healthcare sector, emphasizing the importance of diagnostic testing in current market conditions.