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Labcorp's Q2 Earnings, Revenue Rise; Updates 2024 Earnings Guidance
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Labcorp's Q2 Earnings, Revenue Rise; Updates 2024 Earnings Guidance
Aug 1, 2024 5:17 AM

07:55 AM EDT, 08/01/2024 (MT Newswires) -- Labcorp ( LH ) reported Q2 adjusted earnings Thursday of $3.94 per diluted share, compared with $3.42 a year earlier.

Analysts polled by Capital IQ expected $3.77.

Revenue for the quarter ended June 30 was $3.22 billion, compared with $3.03 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.18 billion.

For full-year 2024, the company said it expects adjusted earnings to be in a range of $14.30 to $14.90 per share, compared with $14.45 to $15.35 previously. Analysts polled by Capital IQ expect $14.82.

Labcorp ( LH ) shares were up 1.9% in recent Thursday premarket activity.

Price: 219.50, Change: +4.06, Percent Change: +1.88

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