LabCorp Announces 2019 Second Quarter Results and Updates 2019 Guidance
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Laboratory Corporation of America (LH) PT Raised to $183 at Piper Jaffray
July 25, 2019 1:08 PM EDTPiper Jaffray analyst William Quirk raised the price target on Laboratory Corporation of America (NYSE: LH) to $183.00 (from $177.00) while maintaining an Overweight rating.
quarter leaves us incrementally more confident... MoreLab Corp. (LH) Tops Q2 EPS by 1c; Narrows FY19 EPS Guidance Range
July 25, 2019 7:08 AM EDTLab Corp. (NYSE: LH) reported Q2 EPS of $2.93, $0.01 better than the analyst estimate of $2.92. Revenue for the quarter came in at $2.88 billion versus the consensus estimate of $2.89 billion.
Q2 revenue of $2.88 billion, up 0.5% from $2.87 billion last year; excluding the disposition of businesses revenue grew 2.4%Q2 diluted EPS of $1.93, down 15% from $2.27 last year; Q2 adjusted EPS of $2.93, down 2% from $2.98 last year2019 adjusted EPS guidance of $11.10 to $11.40, up 1% to 3% over 20182019 free cash flow guidance of $950 million to $1.05 billion, up 3% to 13% over 2018This quarter again highlighted the strength and... More
