Laboratory Corporation of America® Holdings Announces 2015 Third Quarter Results

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Lab Corp. (LH) Frustrated with CLFS Proposal, UBS Cuts Price Target to $119

October 27, 2015 9:03 AM EDT

UBS maintained a Neutral rating on Laboratory Corporation of America (NYSE: LH), and cut the price target to $119.00 (from $125.00), following in-line 3Q15 earnings results. LH management voiced its frustration with the CLFS proposed rule. LH does not believe the proposal is consistent with Congress' intent under PAMA and noted the industry is being very... More

Lab Corp. (LH) Reports In-Line Q3 EPS; Updates FY15 EPS Outlook

October 26, 2015 6:46 AM EDT

Lab Corp. (NYSE: LH) reported Q3 EPS of $2.07, in-line with the analyst estimate of $2.07. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.25 billion.

Lab Corp. sees FY2015 EPS of $7.80-$7.95, versus prior guidance of $7.75-$8.00 and the consensus of... More