LabCorp Beats Expectations in Q1 Despite COVID-19 Drag [The Motley Fool]
Laboratory Corporation of America Holdings (LH)
Last laboratory corporation of america holdings earnings: 4/29 06:53 am
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Source: The Motley Fool
It could be a lot worse. That's probably the thought that's gone through the minds of shareholders ofLaboratory Corporation of America(NYSE:LHThe global life sciences company announced its first-quarter results before the market opened on Wednesday. Here are the highlights from LabCorp's Q update.IMAGE SOURCE: GETTY IMAGES.By the numbersLabCorp reported revenue in the first quarter of $.8 billion, a .% year-over-year increase. It also topped the consensus Wall Street analysts' revenue estimate of $.7 billion.The company announced a Q net loss of $7. million, or $.7 per share, based on generally accepted accounting principles (GAAPOn a non-GAAP adjusted basis, LabCorp's net income in the first quarter was $.7 per share. Although this result was well below the adjusted earnings of $.6 per share posted in the prior-year period, it handily beat the average analysts' adjusted earnings estimate of $.9 per share.Behind the numbersLabCorp's total Q revenue increased because of acquisitions. H
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News
- CHS sells lab assets to Labcorp for $194M [Yahoo! Finance]Yahoo! Finance
- Labcorp Appoints Victor Bulto to Board of DirectorsPR Newswire
- Labcorp® Plasma Detect™ Clinical Studies Featured in Nature Medicine and Clinical Cancer Research [Yahoo! Finance]Yahoo! Finance
- Labcorp® Plasma Detect™ Clinical Studies Featured in Nature Medicine and Clinical Cancer ResearchPR Newswire
- Lunit and Labcorp Announce Strategic Collaboration to Advance AI-Powered Digital Pathology Research [Yahoo! Finance]Yahoo! Finance
LH
Earnings
- 10/28/25 - Beat
LH
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 3
- 11/24/25 - Form 8-K
- LH's page on the SEC website