Lab Corp. (LH) Tops Q3 EPS by $2.08, Updates Guidance

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Labcorp Announces 2021 Third Quarter Results

October 28, 2021 6:59 AM EDT

Company Raises Full-Year Guidance

Revenue: Q3 of $4.1 billion, versus $3.9 billion last year Diluted EPS: Q3 of $6.05, versus $7.17 last year Adjusted EPS: Q3 of $6.82, versus $8.41 last year Free Cash Flow: Q3 of $650 million, versus $709 million last year Enhanced womens health leadership position with acquisition of Ovia Health Full Year 2021 Guidance: Revenue raised to range of 13.0% to 14.0%; Adjusted EPS raised to range of $26.00 to $28.00; Free Cash Flow raised to range of $2.45 billion to $2.60 billion

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