Lab Corp. (LH) Tops Q1 EPS by 9c, Revenues Miss; Raises FY19 EPS Guidance Above Consensus
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LabCorp Announces 2019 First Quarter Results and Increases 2019 Earnings Guidance
April 30, 2019 6:56 AM EDTQ1 revenue of $2.79 billion, down 2% from $2.85 billion last year Q1 diluted EPS of $1.86, up 11% from $1.67 last year; Q1 adjusted EPS of $2.62, down 6% from $2.78 last year 2019 adjusted EPS guidance increased to $11.05 to $11.45, from $11.00 to $11.40 2019 free cash flow guidance of $950 million to $1.05 billion, unchanged from prior guidance
BURLINGTON, N.C.--(BUSINESS WIRE)-- LabCorp® (or the Company) (NYSE: LH) today announced results for the first quarter ended March 31, 2019, and increased 2019 earnings guidance.
During the... More
