Labcorp Holdings Reports Q3 Earnings Beat and Raises Full-Year Guidance
Labcorp Holdings (LH) reported third-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted a Non-GAAP earnings per share (EPS) of $4.78, surpassing estimates by $0.14, while revenue reached $3.81 billion, representing a 7.0% year-over-year increase and beating consensus by $50 million. Following the strong quarterly performance, Labcorp raised its full-year financial outlook. The company increased its enterprise revenue growth guidance to a range of 5.9% to 6.7%, an upward revision of 50 basis points. This positive momentum in both revenue and profitability suggests robust operational execution heading into the end of the fiscal year.
Tickers: $LH
Topics: earnings beat guidance raise revenue growth
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