Laboratory Corporation Of America Holdings Q2 Earnings Rise 4%

(RTTNews) - Laboratory Corporation Of America Holdings (LH) released a profit for its second quarter that rose compared to the same period last year.

The company said its bottom line came in at $256.14 million, or $2.47 per share. This was up from $245.68 million, or $2.36 per share, in last year's second quarter.

Analysts had expected the company to earn $2.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.6% to $2.49 billion. This was up from $2.38 billion last year.

Laboratory Corporation Of America Holdings earnings at a glance:

-Earnings (Q2): $256.14 Mln. vs. $245.68 Mln. last year. -Earnings Growth (Y-o-Y): 4.3% -EPS (Q2): $2.47 vs. $2.36 last year. -EPS Growth (Y-o-Y): 4.7% -Analysts Estimate: $2.40 -Revenue (Q2): $2.49 Bln vs. $2.38 Bln last year. -Revenue Change (Y-o-Y): 4.6%

-Guidance: Full year EPS guidance: $9.30 - $9.65