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Labcorp(LH) - 2025 Q1 - Quarterly Report
2025-04-29 15:34
or UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Washington, D.C. 20549 For the transition period from ______ to ______ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 Commission file number 1-11353 LABCORP HOLDINGS INC. Indicate by check mark whether the registrant has submitted electronically every Interactive Data F ...
Labcorp (LH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-04-29 14:35
For the quarter ended March 2025, Labcorp (LH) reported revenue of $3.35 billion, up 5.3% over the same period last year. EPS came in at $3.84, compared to $3.68 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.41 billion, representing a surprise of -2.04%. The company delivered an EPS surprise of +2.95%, with the consensus EPS estimate being $3.73.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compa ...
Labcorp Q1 Earnings Surpass Estimates, Revenues Miss, Stock Gains
ZACKS· 2025-04-29 13:56
Labcorp Holdings (LH) reported adjusted earnings per share (EPS) of $3.84 in the first quarter of 2025. The figure rose 4.3% from the year-ago reported level.The adjusted figure excludes the impacts of certain amortization expenses and restructuring charges, among others. The bottom line beat the Zacks Consensus Estimate by 2.9%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)On a GAAP basis, EPS in the first quarter was $2.52 compared with $2.69 in the year-ago period.LH Q1 Revenu ...
Labcorp (LH) Beats Q1 Earnings Estimates
ZACKS· 2025-04-29 13:01
Labcorp shares have added about 0.1% since the beginning of the year versus the S&P 500's decline of -6%. Labcorp (LH) came out with quarterly earnings of $3.84 per share, beating the Zacks Consensus Estimate of $3.73 per share. This compares to earnings of $3.68 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 2.95%. A quarter ago, it was expected that this medical laboratory operator would post earnings of $3.40 per share w ...
Labcorp(LH) - 2025 Q1 - Earnings Call Transcript
2025-04-29 13:00
Labcorp Holdings (LH) Q1 2025 Earnings Call April 29, 2025 09:00 AM ET Company Participants Christin O'donnell - VP - Investor RelationsAdam Schechter - President, CEO & ChairmanJulia Wang - EVP & CFOLisa Gill - Managing DirectorKevin Caliendo - Managing DirectorMichael Ryskin - Managing DirectorPatrick Donnelly - Managing Director Conference Call Participants Michael Cherny - Senior Managing Director & Senior Research AnalystAnn Hynes - Senior Healthcare Services Equity Analyst & Managing DirectorErin Wrig ...
Labcorp(LH) - 2025 Q1 - Quarterly Results
2025-04-29 10:53
FOR IMMEDIATE RELEASE Media Investors Neil Hirsch Christin Odonnell Media@labcorp.com Investor@labcorp.com Labcorp Announces 2025 First Quarter Results Updates Full-Year Guidance BURLINGTON, N.C., April 29, 2025 – Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, today announced results for the first quarter ended March 31, 2025 and updated full-year guidance. "Labcorp delivered solid performance in the first quarter of 2025," said Adam Schechter, chairman and CEO of L ...
Labcorp Announces 2025 First Quarter Results
Prnewswire· 2025-04-29 10:50
Updates Full-Year Guidance Results from Operations for first quarter 2025 versus first quarter last year: Revenue: $3.35 billion versus $3.18 billion Diluted EPS: $2.52 versus $2.69 Adjusted EPS: $3.84 versus $3.68 Reaffirmed Revenue and Free Cash Flow guidance, raised midpoint of adjusted EPS: Revenue guidance of 6.7% to 8.0% Adjusted EPS range of $15.70 to $16.40; midpoint raised $0.05 Free Cash Flow of $1.10 billion to $1.25 billion Providing broader access to comprehensive testing and laboratory ser ...
Labcorp Q1 Earnings Preview: Diagnostics Arm Likely to Drive Growth
ZACKS· 2025-04-16 15:20
Labcorp Holdings Inc. (LH) , or Labcorp, is slated to report its first-quarter 2025 results on April 29, before the opening bell.The renowned laboratory service provider reported adjusted earnings of $3.45 in the last reported quarter, topping the Zacks Consensus Estimate by 1.47%. Labcorp surpassed estimates in each of the trailing four quarters, the average surprise being 3.16%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)LH’s Q1 EstimatesThe Zacks Consensus Estimate for Labco ...
Is it the Right Time to Retain Labcorp Stock in Your Portfolio?
ZACKS· 2025-04-09 14:55
Core Insights - Labcorp Holdings Inc. is focusing on specialty testing areas such as oncology, women's health, autoimmune disease, and neurology to drive growth in upcoming quarters [1] - The company has a solid pipeline of potential acquisitions that align with its financial strategy and will enhance organic growth [1] - Macroeconomic issues and currency fluctuations pose challenges to Labcorp's operations [1] Financial Performance - Labcorp's stock has increased by 4.9% over the past year, contrasting with a 9.2% decline in the industry and a 1.4% decline in the S&P 500 [2] - The company has a market capitalization of $18.70 billion and an earnings yield of 7.2%, outperforming the industry's 6.3% yield [2] - Labcorp delivered an average earnings surprise of 3.2% over the trailing four quarters [2] Growth Drivers - In 2024, Labcorp enhanced its testing capabilities for neurodegenerative diseases with two new blood-based biomarkers [3] - The company expanded its oncology offerings with the Plasma Detect assay, currently in 12 global trials [3] - The Precision Oncology portfolio has seen new strategic service offerings, including FDA-approved diagnostics for gastric cancer and multiple sclerosis monitoring [4] Strategic Acquisitions - Labcorp invested $839 million in acquisitions in 2024 to strengthen its partnerships with hospitals and laboratories [5] - The company acquired assets from Lab Works and Ballad Health to enhance testing services in Alabama and the Appalachian region [5] - In December, Labcorp agreed to acquire assets from MAWD Pathology Group and introduced a new H5 bird flu molecular test in collaboration with the CDC [6] Business Segment Performance - The Biopharma Laboratory Services segment is a key growth driver, with central laboratories showing a 10% revenue increase in Q4 2024 [10] - The Early Development business also demonstrated a 12% year-over-year revenue growth [10] - Labcorp expanded its global molecular bioanalytical capacity with new facilities in Indiana and China [11] Challenges - Labcorp's operations are sensitive to macroeconomic conditions, which have reduced demand for diagnostic testing and drug development services [12] - The company faces currency headwinds due to its significant international exposure, with expected adverse impacts on revenues in 2025 [13] Earnings Estimates - The Zacks Consensus Estimate for Labcorp's 2025 earnings per share is $16.01, with revenues projected at $13.93 billion, indicating a 7.1% improvement from 2024 [14]
Labcorp Launches First-of-its-Kind Immunoassay to Accelerate Path to Diagnosis of Alzheimer's Disease
Prnewswire· 2025-04-02 11:00
Labcorp's pTau-217/Beta Amyloid 42 Ratio blood test meets the performance criteria to confirm amyloid pathology consistent with Alzheimer's diseaseBURLINGTON, N.C., April 2, 2025 /PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, announced today the nationwide launch of its pTau-217/Beta Amyloid 42 Ratio, a powerful new blood-based biomarker test to aid in the diagnosis of Alzheimer's disease. The new test further expands Labcorp's leading blood-based bi ...