LabCorp Announces Strong 2018 First Quarter Results and Updates 2018 Guidance

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Go back to LabCorp Announces Strong 2018 First Quarter Results and Updates 2018 Guidance

Laboratory Corporation of America (LH) PT Raised to $187 at Evercore ISI

April 25, 2018 12:27 PM EDT

Evercore ISI raised its price target on Laboratory Corporation of America (NYSE: LH) to $187.00 (from $185.00) while maintaining a Outperform rating following results.

What analyst Ross Muken liked:

LH maintained FY18 EPS guidance despite a negative impact from ASC 606 of $0.20 - $0.30The... More

Lab Corp. (LH) Tops Q1 EPS by 13c

April 25, 2018 7:03 AM EDT

Lab Corp. (NYSE: LH) reported Q1 EPS of $2.78, $0.13 better than the analyst estimate of $2.65. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.78 billion.

GUIDANCE:

Lab Corp. sees FY2018 EPS of $11.30-$11.70, versus the consensus of... More