Labcorp beats quarterly profit estimates

Laboratory of America Holdings

16/02/2023 12:02

Feb 16 (Reuters) - Laboratory Corp of America Holdings
 LH.N  on Thursday beat quarterly profit estimates, helped by
strength in its diagnostics business and demand for its drug
development services.
    Excluding items, the company reported a profit of $4.14 per
share for the quarter ended Dec. 31, compared with analysts'
estimates of $4.10 per share, according to Refinitiv data.  
 (Reporting by Raghav Mahobe and Mariam E Sunny in Bengaluru;
Editing by Maju Samuel)
 ((Raghav.Mahobe@thomsonreuters.com;))