financetom
Business
financetom
/
Business
/
Laboratory Corp of America Q1 Adjusted Earnings, Revenue Increase; 2024 Adjusted EPS Outlook Updated
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Laboratory Corp of America Q1 Adjusted Earnings, Revenue Increase; 2024 Adjusted EPS Outlook Updated
Apr 25, 2024 7:31 AM

09:22 AM EDT, 04/25/2024 (MT Newswires) -- Laboratory Corp of America ( LH ) reported Q1 adjusted earnings Thursday of $3.68 per share, up from $3.46 a year earlier.

Analysts polled by Capital IQ expected $3.48.

Revenue for the quarter ended March 31 was $3.18 billion, up from $3.04 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.12 billion.

The company said it now expects full year 2024 adjusted EPS to be between $14.45 and $15.35, compared with the previous guidance of between $14.30 and $15.40.

Analysts polled by Capital IQ expect $14.82.

Price: 205.00, Change: -2.94, Percent Change: -1.41

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cargojet Retains its ISO Certification
Cargojet Retains its ISO Certification
Jul 22, 2024
11:02 AM EDT, 07/22/2024 (MT Newswires) -- Cargojet ( CGJTF ) on Monday said it retained its ISO 9001:2015 Quality Standard Accreditation, for the 22nd consecutive year. The company said it is the only air-cargo carrier in Canada with this accreditation. This accreditation reinforces Cargojet's ( CGJTF ) commitment to providing customers with high-quality, safe, reliable, and timely service daily....
Cyngn Regains Compliance With Nasdaq's Minimum Bid Price Rule; Shares Rise
Cyngn Regains Compliance With Nasdaq's Minimum Bid Price Rule; Shares Rise
Jul 22, 2024
11:06 AM EDT, 07/22/2024 (MT Newswires) -- Cyngn ( CYN ) said Monday it regained compliance with the Nasdaq's $1 per-share minimum bid price rule for continued listing on the exchange. The company also said it won't increase the number of authorized shares outstanding despite getting investor approval for the boost. Shares of Cyngn ( CYN ) rose 3.9% in...
Aligos Therapeutics Collaborating With Xiamen Amoytop Biotech in China for Chronic Hepatitis B Patients
Aligos Therapeutics Collaborating With Xiamen Amoytop Biotech in China for Chronic Hepatitis B Patients
Jul 22, 2024
11:02 AM EDT, 07/22/2024 (MT Newswires) -- Aligos Therapeutics ( ALGS ) said Monday it has entered into a clinical trial collaboration agreement with Xiamen Amoytop Biotech to finance and initiate a phase 1b exploratory clinical trial in China. The trial will evaluate the safety and efficacy of ALG-000184, an oral small molecule capsid assembly modulator, in combination with Pegbing...
Why NetEase (NTES) Stock Is Rising
Why NetEase (NTES) Stock Is Rising
Jul 22, 2024
NetEase Inc ( NTES ) shares are trading higher by 2.46% to $93.60 during Monday’s session amid strength in Chinese stocks are trading higher after China lowered key interest rates. Lower interest rates typically reduce borrowing costs for consumers. This can lead to increased discretionary spending as consumers have more disposable income. NetEase ( NTES ), being a major player...
Copyright 2023-2026 - www.financetom.com All Rights Reserved