Lab Corp. (LH) Tops Q2 EPS by 4c, Revenues Beat; Offers FY18 EPS Outlook

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Go back to Lab Corp. (LH) Tops Q2 EPS by 4c, Revenues Beat; Offers FY18 EPS Outlook

LabCorp Announces 2018 Second Quarter Results and Updates 2018 Guidance

July 25, 2018 6:55 AM EDT

Q2 revenue of $2.9 billion, up 13% over $2.5 billion last year Q2 diluted EPS of $2.27, up 28% from $1.78 last year; Q2 adjusted EPS of $2.98, up 23% over $2.43 last year Q2 free cash flow of $280 million, up 16% over $241 million last year 2018 adjusted EPS guidance of $11.35 to $11.65, up 23% to 26% over 2017 2018 free cash flow guidance of $1.1 billion to $1.2 billion

BURLINGTON, N.C.--(BUSINESS WIRE)-- LabCorp® (or the Company) (NYSE: LH) today announced results for the second quarter ended June 30, 2018, and updated 2018... More