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

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

LabCorp Announces 2018 Third Quarter Results and Updates 2018 Guidance

October 24, 2018 6:50 AM EDT

Q3 revenue of $2.8 billion, up 8% over $2.6 billion last year Q3 diluted EPS of $3.10, which includes the net gain on the disposition of businesses of $1.22 per share Q3 adjusted EPS of $2.74, which was negatively impacted by approximately $0.10 per share from the ransomware attack and Hurricane Florence 2018 adjusted EPS guidance of $11.25 to $11.45, up 22% to 24% over 2017, which is negatively impacted by approximately $0.10 per share from the ransomware attack and Hurricane Florence 2018 free cash flow guidance of $975 million to $1,025 million, which now includes a... More