LabCorp Announces 2018 Second Quarter Results and Updates 2018 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Lab Corp. (LH) Tops Q2 EPS by 4c, Revenues Beat; Offers FY18 EPS Outlook
July 25, 2018 6:57 AM EDTLab Corp. (NYSE: LH) reported Q2 EPS of $2.98, $0.04 better than the analyst estimate of $2.94. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.85 billion.
Q2 revenue of $2.9 billion, up 13% over $2.5 billion last yearQ2 diluted EPS of $2.27, up 28% from $1.78 last year; Q2 adjusted EPS of $2.98, up 23% over $2.43 last yearQ2 free cash flow of $280 million, up 16% over $241 million last year2018 adjusted EPS guidance of $11.35 to $11.65, up 23% to 26% over 20172018 free cash flow guidance of $1.1 billion to $1.2 billionWe delivered another quarter of strong growth and disciplined capital... More
