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

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

Labcorp Announces 2021 First Quarter Results

April 29, 2021 6:56 AM EDT

Company Raises Full Year Guidance

Revenue: Q1 of $4.2 billion, up from $2.8 billion last year Diluted EPS: Q1 of $7.82, up from ($3.27) last year Adjusted EPS: Q1 of $8.79, up from $2.37 last year Free Cash Flow: Q1 of $1.1 billion, up from $97 million last year Opened automated clinical trial kit production facility in Belgium Full Year 2021 Guidance: Revenue raised to 2.0% to 6.5%; Adjusted EPS raised to $20.00 to $24.00; Free Cash Flow raised to $1.8 billion to $2.0 billion

BURLINGTON, N.C.--(BUSINESS WIRE)-- Labcorp (NYSE:... More