Lab Corp. (LH) Tops Q2 EPS by 7c, Beats on Revenues; Boosts FY17 Adj. EPS Guidance
Lab Corp. (NYSE: LH) reported Q2 EPS of $2.47, $0.07 better than the analyst estimate of $2.40. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.47 billion.
- Q2 Net revenue of $2.5 billion, up 5% over last year
- Q2 Diluted EPS of $1.82, down 7% from last year; Q2 Adjusted EPS of $2.47, up 5% over last year
- 2017 Adjusted EPS guidance increased to $9.30 to $9.65, up 5% to 9% over 2016
GUIDANCE:
Lab Corp. sees FY2017 EPS of $9.30-$9.65, versus the consensus of $9.43.
For earnings history and earnings-related data on Lab Corp. (LH) click here.
