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-0.00341084745762705 0 -0.00342372881355929 -0.00342372881355929 -0.0338983050847458 -0.0440677966101695 -0.1 -0.110237288135593
Stock impact report

Labcorp forecasts upbeat annual profit on strong demand for diagnostic products [Yahoo! Finance Canada]

Laboratory Corporation of America Holdings (LH) 
Last laboratory corporation of america holdings earnings: 4/29 06:53 am Check Earnings Report
Steady demand for non-urgent surgeries, ?especially among older Americans, has been boosting the business of companies such as Labcorp ?over the past few quarters. The North Carolina-based company expects its diagnostic segment to grow between 5% and 6% in 2026. It expects its annual adjusted profit per share to be between $17.55 and $18.25, with the midpoint ?above analysts' average estimate ?of $17.50, according to data compiled by LSEG. "We expect continued strong performance in 2026 as we remain focused ?on growth," CEO Adam Schechter said in a statement. Labcorp expects its annual revenue in the range of $14.61 billion to $14.79 billion, while analysts estimate $14.63 ?billion. "Overall, we ?see this print giving Labcorp ?the ability to continue its ?steady growth, supported by a healthy end market that also saw outperformance from peer Quest Diagnostics," said Leerink Partners analyst Michael Cherny. Over the past year, Labcorp and Quest have benefited from agreemen Show less Read more
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