Labcorp beats quarterly estimates on diagnostic test demand [Yahoo! Finance]
Labcorp Holdings Inc. (LH)
Last labcorp holdings inc. earnings: 4/29 06:53 am
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phx.corporate-ir.net/phoenix.zhtml?c=84636&p=irol-irhome
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Source: Yahoo! Finance
Diagnostic checkups have risen in recent quarters as more people, especially older adults, caught up on surgeries deferred during the pandemic. The company, however, cut the top-end of its 2024 adjusted profit forecast to $14.70 per share from $14.90, due to an about 15 cent impact from weather-related disruptions, keeping the low-end at $14.30. Analysts on average see profit for the period to be $14.56 per share, according to data compiled by LSEG. The company's sales rose 7.4% to $3.28 billion from a year earlier, beating analysts' average estimate of $3.26 billion. On an adjusted basis, Labcorp reported a third-quarter profit of $3.50 per share, above estimates of $3.48 per share. (Reporting by Puyaan Singh in Bengaluru; Editing by Maju Samuel)
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LH
Earnings
- 10/24/24 - Beat
LH
Sec Filings
- 11/21/24 - Form 144
- 11/19/24 - Form 8-K
- 11/13/24 - Form 4
- LH's page on the SEC website