Labcorp gains after raising full-year profit and revenue guidance
+8.78% to $360.25 from $331.17
What moved LH
- Labcorp raised full-year guidance to adjusted earnings of $18.30 to $18.70 per share on revenue of $14.779 billion to $14.887 billion.
- The new outlook compares with a FactSet consensus of $18.35 per share on $14.75 billion in revenue.
- Shares rose about 10% following the report.
Sources: Investing.com · CNBC