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0 0.000392320329549138 -0.000711080597307613 -0.00264816222445623 -0.00519824436652514 0.000613000514920433 0.00281980236863407 0.00286884240982766
Stock impact report

Labcorp (LH) to Report Q1 Earnings: What's in the Cards? [Yahoo! Finance]

Laboratory Corporation of America Holdings (LH) 
Last laboratory corporation of america holdings earnings: 4/29 06:53 am Check Earnings Report
Company Research Source: Yahoo! Finance
In the last reported quarter, the company's adjusted earnings of $3.30 topped the Zacks Consensus Estimate by 0.30%. Labcorp surpassed estimates in two of the trailing four quarters and missed in the other two, the average negative surprise being 1.28%. Factors at Play Over the last several quarters, the downturn in COVID-19 testing revenues has continued to impact Labcorp's overall revenue growth and other important metrics. This trend is likely to have persisted in the first quarter of 2024 as well. On a positive note, LH entered 2024 with a strong foundation and momentum following the successful integration of several hospital partnerships, including Ascension and the spin-off of Fortrea. In the first quarter, Labcorp's Biopharma Laboratory Service business is likely to have delivered a robust performance, backed by the continued strength of its largest segment, the Central Laboratories. The Diagnostics Laboratories segment may have also experienced strong base business grow Show less Read more
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