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
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=84636&p=irol-irhome
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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
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LH
News
- Laboratory Corporation of America Holdings (NYSE:LH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72 [Yahoo! Finance]Yahoo! Finance
- Quest Diagnostics, LabCorp climb following FDA testing oversight rule [Seeking Alpha]Seeking Alpha
- Are You a Value Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
- Labcorp's companion diagnostic approved for use with Pfizer's hemophilia B gene therapy [Seeking Alpha]Seeking Alpha
LH
Earnings
- 4/25/24 - Beat
LH
Sec Filings
- 5/3/24 - Form 144
- 5/2/24 - Form 144
- 5/2/24 - Form 4
- LH's page on the SEC website