Lab Corp. (LH) Lowers FY EPS Guidance

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LabCorp Updates Full-Year 2018 Guidance

November 30, 2018 6:56 AM EST

BURLINGTON, N.C.--(BUSINESS WIRE)-- LabCorp® (or the Company) (NYSE: LH) today updated its full-year 2018 guidance based on current expectations. In the following guidance, all comparisons to financial results in 2017 have been restated as if the Company had adopted the FASB-issued converged standard on revenue recognition (ASC 606) on January 1, 2017. The guidance continues to assume foreign exchange rates effective as of September 30, 2018, for the remainder of the year, and includes capital allocation.

Current Guidance Provided
on Nov. 30, 2018

Prior Guidance Provided
on Oct. 24, 2018

Total Revenue Growth 9.9% to 10.3%... More