Laboratory Corporation of America® Holdings Announces 2016 First Quarter Results and Raises 2016 Guidance

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UBS Raises Price Target on Lab Corp. (LH) Following Q1 Conference Call

April 26, 2016 8:37 AM EDT

UBS reiterated a Neutral rating on Laboratory Corporation of America (NYSE: LH), and raised the price target to $125.00 (from $117.00), following the company's 1Q conference call. Management advised on the call that CMS sent the final rule for restructuring the CLFS to the Office of Management and Budget for review. LH... More

Lab Corp. (LH) Tops Q1 EPS by 6c; Boosts FY16 Outlook

April 25, 2016 6:52 AM EDT

Lab Corp. (NYSE: LH) reported Q1 EPS of $2.02, $0.06 better than the analyst estimate of $1.96. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.19 billion.

GUIDANCE:

Lab Corp. sees FY2016 EPS of $8.55-$8.95, versus $8.45 - $8.85 estimated prior... More