LabCorp Announces Record Third Quarter Results and Increases 2017 Guidance

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Laboratory Corporation of America (LH) PT Lowered to $150 at Baird Following 3Q Release

October 26, 2017 8:55 AM EDT

Baird lowered its price target on Laboratory Corporation of America (NYSE: LH) to $150.00 (from $166.00) while maintaining a Neutral rating following the company's 3Q. Revenues of $2.598b ($17m hurricane impact) increased 9.5% y/y and were above consensus at $2.555b. EPS of $2.46 came in above... More

Lab Corp. (LH) Tops Q3 EPS by 7c

October 25, 2017 6:56 AM EDT

Lab Corp. (NYSE: LH) reported Q3 EPS of $2.46, $0.07 better than the analyst estimate of $2.39. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.55 billion.

GUIDANCE:

Lab Corp. sees FY2017 EPS of $9.40-$9.60, versus the consensus of... More