Lab Corp. (LH) Tops Q4 EPS by 2c; Guides In-Line

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Laboratory Corporation of America® Holdings Announces Record 2016 Fourth Quarter and Full Year Results and Provides 2017 Guidance

February 16, 2017 6:58 AM EST

Net Revenue: Q4 of $2.4 billion, up 6% over 2015; Full year of $9.4 billion, up 11% over 2015 Diluted EPS: Q4 of $1.75, up 63% over 2015; Full year of $7.02, up 61% over 2015 Adjusted EPS: Q4 of $2.15, up 9% over 2015; Full year of $8.83, up 12% over 2015 Free Cash Flow: Q4 of $375 million, up 25% over 2015; Full year of $897 million, up 23% over 2015 2017 Adjusted EPS guidance of $9.35 to $9.75, up 6% to 10% over 2016, inclusive of the negative impact from foreign currency translation 2017 Free Cash Flow guidance of $925 million to $975 million, up 3% to 9% over... More