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0 0 0.00288534548215638 0.00366995697291822 -0.000911161731207324 0.00172108327005823 0.000404960769425381 0.00561883067577821
Stock impact report

Labcorp (LH) Tops Q1 Earnings Estimates, Raises 2024 EPS View [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
The adjusted figure excludes the impact of certain amortization expenses and restructuring charges, among others. The bottom line also beat the Zacks Consensus Estimate by 6.4%. On a GAAP basis, EPS in the first quarter was $2.69, up 12.6% from the last year's comparable period. Revenues Revenues in the quarter under review rose 4.6% year over year to $3.18 billion. The metric surpassed the Zacks Consensus Estimate by 1.6%. The increase was due to organic revenues of 2.3%, acquisitions, net of divestitures, of 1.8% and foreign currency translation of 0.5%. The 2.3% increase in organic revenues was driven by a 4.2% rise in the company's organic Base Business, partially offset by a 1.9% decline in PCR testing (COVID-19 Testing). Segments in Detail The company currently operates under two segments — Diagnostics Laboratories and Biopharma Laboratory Services (comprised of its Central Laboratories and Early Development Research Laboratories). For the first quarter, Diagnosti Show less Read more
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