Labcorp-LH Beats on Q3 Earnings, Raises Revenue Guidance Midpoint, Stock Gains

Laboratory Corporation of America Holdings (LH) , or Labcorp, reported adjusted earnings per share (EPS) of $3.50 in the third quarter of 2024. The figure rose 3.6% from the year-ago level.The adjusted figure excludes the impact of certain amortization expenses and restructuring charges, among others. The bottom line beat the Zacks Consensus Estimate by 0.6%.On a GAAP basis, EPS in the third quarter was$ 2.00, up 5.2% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Foll ...