Why Is Testing Giant Labcorp Stock Surging On Thursday?

Laboratory Corp (NYSE: LH) on Thursday reported second-quarter 2025 adjusted earnings per share of $4.35, up from $3.94 a year ago, beating the consensus of $4.17.Sales increased 9.5% year-over-year to $3.53 billion, beating the consensus of $3.485 billion.The increase was due to organic revenue growth of 5.4%, acquisitions, net of divestitures, of 3.5%, and foreign currency translation of 0.6%.Adjusted operating income for the quarter was $531.6 million, or 15.1% of revenue. Labcorp delivered double-digit ...