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

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

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

April 25, 2016 6:51 AM EDT

Q1 Net revenue of $2.3 billion, up 30% over last year Q1 Diluted EPS of $1.55; Q1 Adjusted EPS of $2.02, up 15% over last year 2016 Adjusted EPS guidance raised to $8.55 $8.95, up 8% to 13% over 2015

BURLINGTON, N.C.--(BUSINESS WIRE)-- Laboratory Corporation of America® Holdings (LabCorp®) (NYSE: LH) today announced results for the quarter ended March 31, 2016.

We are off to a terrific start to the year, highlighted by robust organic revenue growth and double-digit adjusted EPS growth in the quarter, said David P. King, chairman and... More