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-0.000578257517347747 4.81881264456E-05 -9.63762528913369E-05 -0.00120470316114109 0.00202390131071698 0.00202390131071698 0.00202390131071698 0.00202390131071698
Stock impact report

Watch These 3 MedTech Stocks This Earnings Season: Beat or Miss? [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
Per the latest Earnings Preview, quarterly results of the Medical sector have declined year over year, affected by the ongoing macroeconomic headwinds, primarily in the form of worldwide geopolitical issues and healthcare labor shortages. Going by the broader Medical sector's scorecard, 5% of the companies in the Medical sector, constituting 19.4% of the sector's market capitalization, reported earnings till Apr 17. Earnings declined 0.3% year over year on 3.7% higher revenues. However, 100% of these companies beat earnings and 66.7% beat revenue estimates, which were already down because of the ongoing macroeconomic issues. Overall, first-quarter earnings of the Medical sector are expected to decline 5.6% despite 6.1% revenue growth. This compares with the fourth-quarter earnings decline of 17.1% on revenue growth of 7%. Some major industry players like Laboratory Corporation of America Holdings or Labcorp LH, Edwards Lifesciences EW and ResMed RMD are set to report results tom Show less Read more
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