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

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

Laboratory Corporation of America® Holdings Announces 2017 First Quarter Results and Updates 2017 Guidance

April 25, 2017 6:56 AM EDT

Q1 Net revenue of $2.4 billion, up 5% over last year Q1 Diluted EPS of $1.84, up 16% over last year; Q1 Adjusted EPS of $2.22, up 8% over last year Q1 Free Cash Flow of $162 million, up 188% over last year 2017 Adjusted EPS guidance updated to $9.20 to $9.60, up 4% to 9% over 2016

BURLINGTON, N.C.--(BUSINESS WIRE)-- Laboratory Corporation of America® Holdings (LabCorp® or the Company) (NYSE: LH) today announced results for the first quarter ended March 31, 2017, and updated 2017 guidance.

We made strong... More