Labcorp (LH) Q4 Earnings and Revenues Surpass Estimates

Core Viewpoint - Labcorp reported quarterly earnings of $3.45 per share, exceeding the Zacks Consensus Estimate of$ 3.40 per share, and showing an increase from $3.30 per share a year ago, indicating a positive earnings surprise of 1.47% [1] Financial Performance - Labcorp's revenues for the quarter ended December 2024 were$ 3.33 billion, surpassing the Zacks Consensus Estimate by 0.44%, and up from $3.03 billion year-over-year [2] - The company has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Stock Performance - Labcorp shares have increased approximately 9% since the beginning of the year, compared to a 3.1% gain in the S&P 500 [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 3.90 on revenues of $3.42 billion, and for the current fiscal year, it is$ 15.97 on revenues of $13.84 billion [7] - The trend of estimate revisions for Labcorp has been favorable leading up to the earnings release [6] Industry Context - The Medical - Dental Supplies industry, to which Labcorp belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, which may impact stock performance [8]