25.07.2019 13:29:08

LabCorp Narrows FY19 Outlook Range - Quick Facts

(RTTNews) - While reporting financial results for the second quarter, LabCorp (LH) on Thursday narrowed its full-year 2019 guidance range for adjusted earnings and revenue growth for the full-year 2019.

For fiscal 2019, the company narrowed its adjusted earnings guidance to a range of $11.10 to $11.40 per share from the prior guidance range of $11.05 to $11.45 per share.

The company also narrowed its full-year revenue growth range to between 1.0 and 2.0 percent from the previous range of 0.5 and 2.5 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $11.27 per share on revenue growth of 1.2 percent to $11.47 billion for the year. Analysts' estimates typically exclude special items.

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