Laboratory Corporation of America Holdings Announces First Quarter 2011 Results

Net earnings were $127.1 million compared to $132.7 million in the first quarter of 2010. Earnings per diluted share (

) were $1.23 compared to $1.25 in 2010. Earnings per diluted share, excluding amortization, restructuring and other special charges recorded in the first quarter of 2011 and 2010 (Adjusted EPS Excluding Amortization) were $1.52 and $1.40, respectively. During the quarter inclement weather had a significant impact on the Company's results, reducing EPS by approximately eight cents.