Labcorp Announces 2021 First Quarter Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. RNG
2. WDC
3. DECK
4. BYD
5. WCN
6. SPOT
7. FIX
8. TSCO
9. BE
10. SLM

Go back to Labcorp Announces 2021 First Quarter Results

Lab Corp. (LH) Tops Q1 EPS by $1.36, Revenues Beat; Raises FY21 EPS Guidance

April 29, 2021 7:20 AM EDT

Lab Corp. (NYSE: LH) reported Q1 EPS of $8.79, $1.36 better than the analyst estimate of $7.43. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $3.91 billion.

Company Raises Full Year Guidance

Revenue: Q1 of $4.2 billion, up from $2.8 billion last yearDiluted EPS: Q1 of $7.82, up from ($3.27) last yearAdjusted EPS: Q1 of $8.79, up from $2.37 last yearFree Cash Flow: Q1 of $1.1 billion, up from $97 million last yearOpened automated clinical trial kit production facility in BelgiumFull Year 2021 Guidance: Revenue raised to 2.0% to 6.5%; Adjusted EPS raised to $20.00 to... More