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

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

LabCorp Announces Record Third Quarter Results and Increases 2017 Guidance

October 25, 2017 6:55 AM EDT

Q3 Net revenue of $2.6 billion, up 10% over last year Q3 Diluted EPS of $1.74, up 2% from last year; Q3 Adjusted EPS of $2.46, up 9% over last year 2017 Adjusted EPS guidance increased to $9.40 to $9.60, up 6% to 9% over 2016 2017 Free Cash Flow guidance increased to $970 million to $1,010 million, up 8% to 13% over 2016 Closed $1.2 billion acquisition of Chiltern, a leading clinical development CRO, on September 1, 2017

BURLINGTON, N.C.--(BUSINESS WIRE)-- LabCorp® (or the Company) (NYSE: LH) today announced results for the third... More