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

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