Lab Corp. (LH) Tops Q1 EPS by 2c, Lowers FY EPS Guidance

Lab Corp. (NYSE: LH) reported Q1 EPS of $2.22, $0.02 better than the analyst estimate of $2.20. Revenue for the quarter came in at $2.41 billion versus the consensus estimate of $2.41 billion.

GUIDANCE:

Lab Corp. sees FY2017 EPS of $9.20-$9.60, versus the consensus of $9.58.

• Net revenue growth of 3.5% to 5.5% over 2016 net revenue of $9.44 billion

For earnings history and earnings-related data on Lab Corp. (LH) click here.

You May Also Be Interested In

• Cerebras CEO says investors misunderstood margin guidance
• JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
• FedEx (FDX) Tops Q4 EPS by 39c, Beats on Revenue; Offers FY27 EPS Guidance