Lab Corp. (LH) Tops Q4 EPS by $2.45, Revenues Beat; Offers FY21 EPS Mid-Point Above Consensus
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Labcorp Announces 2020 Fourth Quarter and Full Year Results and Provides 2021 Guidance
February 11, 2021 6:58 AM ESTRevenue: Q4 of $4.5 billion, up from $3.0 billion last year; Full year of $14.0 billion, up from $11.6 billion last year Diluted EPS: Q4 of $9.54, up from $2.32 last year; Full year of $15.88, up from $8.35 last year Adjusted EPS: Q4 of $10.56, up from $2.86 last year; Full year of $23.94, up from $11.32 last year Free Cash Flow: Q4 of $675 million, up from $442 million last year; Full year of $1.8 billion, up from $1.0 billion last year Q4 COVID-19 Testing Innovations: First FDA EUA at-home PCR collection kit without a prescription; first to make FDA EUA... More
