Brief: Labcorp Announces 2023 First Quarter Results

Laboratory of America Holdings

25/04/2023 13:22

Laboratory Corporation Of America Holdings  LH.N :
    * LABCORP ANNOUNCES 2023 FIRST QUARTER RESULTS
    * LABCORP : FULL-YEAR 2023 GUIDANCE: ADJUSTED EPS NARROWED
TO
$16.25 TO $17.75 WITH MIDPOINT UNCHANGED AND FREE CASH FLOW
REMAINS AT $1.0 BILLION TO $1.2 BILLION
    * LABCORP - REVENUE: Q1 OF $3.8 BILLION VERSUS $3.9 BILLION
LAST
YEAR
    * LABCORP - ADJUSTED EPS: Q1 OF $3.82
    * LABCORP - PLANNED SPIN OF CLINICAL DEVELOPMENT BUSINESS
REMAINS
ON SCHEDULE FOR MID-2023
    * LABCORP - DILUTED EPS: Q1 OF $2.39
    * Q1 EARNINGS PER SHARE VIEW $3.96, REVENUE VIEW $3.69
BILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $17.17 -- REFINITIV IBES
DATA

Source text for Eikon:  ID:nPn7KYrzCa 
Further company coverage:  LH.N