Davenport Downgrades Laboratory Corporation of America (LH) to Neutral

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Macquarie Downgrades Laboratory Corporation of America (LH) to Neutral

October 19, 2012 6:58 AM EDT

Macquarie downgraded Laboratory Corporation of America (NYSE: LH) from Outperform to Neutral with a price target of $87.00 (from $94.00).

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Laboratory Corp. (LH) Misses Q3 EPS by 2c; Guides FY12 EPS Below Views

October 18, 2012 6:46 AM EDT

Laboratory Corp. (NYSE: LH) reported Q3 EPS of $1.76, $0.02 worse than the analyst estimate of $1.78. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.44 billion.

Laboratory Corp. sees FY2012 EPS of $6.88-6.93, versus the consensus of $6.96.

For earnings... More