LabCorp Announces 2018 Third Quarter Results and Updates 2018 Guidance

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Go back to LabCorp Announces 2018 Third Quarter Results and Updates 2018 Guidance

Laboratory Corporation of America (LH) PT Lowered to $172 at Jefferies

October 25, 2018 9:05 AM EDT

Jefferies analyst Brian Tanquilut lowered the price target on Laboratory Corporation of America (NYSE: LH) to $172.00 (from $180.00) while maintaining a Hold rating.

After adjusting for 1-time issues in Q3, LH revenues were roughly in line with consensus (~$2.84B) as broad-based strength in... More

Lab Corp. (LH) Misses Q3 EPS by 14c, Revenues Miss; Lowers FY18 EPS Guidance Below Consensus

October 24, 2018 6:52 AM EDT

Lab Corp. (NYSE: LH) reported Q3 EPS of $2.74, $0.14 worse than the analyst estimate of $2.88. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.84 billion.

Q3 revenue of $2.8 billion, up 8% over $2.6 billion last yearQ3 diluted EPS of $3.10, which includes the net gain on the disposition of businesses of $1.22 per shareQ3 adjusted EPS of $2.74, which was... More