Labcorp Guides FY24 Adj. EPS In Line With Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, life sciences company Labcorp (LH) initiated adjusted earnings and revenue growth guidance for the full-year 2024.

For the fiscal 2024, the company expects adjusted earnings in a range of $14.30 to $15.40 per share on revenue growth of 4.7 to 6.5 percent.

On average, eight analysts polled by Thomson Reuters expect the company to report earnings of $14.60 per share on revenue growth of 3.6 percent to $12.58 million for the quarter. Analysts' estimates typically exclude special items.

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