Laboratory Corp LH reported its Q1 earnings results on Thursday, April 28, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Laboratory Corp beat estimated earnings by 2.17%, reporting an EPS of $6.11 versus an estimate of $5.98.
Revenue was down $262.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.98 which was followed by a 2.1% drop in the share price the next day.
Here's a look at Laboratory Corp's past performance:
|Quarter||Q4 2021||Q3 2021||Q2 2021||Q1 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Laboratory Corp management provided guidance for FY 2022, expecting earnings between $18.25 and $21.0 per share.
To track all earnings releases for Laboratory Corp visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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