Labcorp rises after raising annual profit forecast

Labcorp Holdings

30/07/2026 15:14

** Shares of laboratory operator Labcorp LH.N rise 1.4% to $311.39 
** Co raises full-year adj. profit forecast to $18.10-$18.55 per share from prior forecast of $17.70-$18.35 per share
** Midpoint of new profit forecast is above analysts' average estimate of $18.01 per share, according to data compiled by LSEG
** Co reports Q2 revenue of $3.73 bln vs analysts' average estimate of $3.71 bln - LSEG data
** Co reports Q2 adj. profit of $4.99 per share vs analysts' average estimate of $4.78 per share 
** Including session's move, stock up ~23% YTD
 
  
 

 (Reporting by Sahil Pandey in Bengaluru)
 ((Sahil.Pandey@thomsonreuters.com))