Labcorp (NYSE:LH) exceeded earnings expectations for the recent quarter, reporting $4.07 EPS against a consensus of $3.95, though revenue was slightly below estimates at $3.52 billion. The company also declared a quarterly dividend of $0.72 per share and saw insider selling from its EVP and CEO. Institutional investors hold a significant portion of the company’s stock, and analysts maintain a “Moderate Buy” consensus rating for LH.
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Labcorp (NYSE:LH) Announces Quarterly Earnings Results
Labcorp (NYSE:LH) exceeded earnings expectations for the recent quarter, reporting $4.07 EPS against a consensus of $3.95, though revenue was slightly below estimates at $3.52 billion. The company also declared a quarterly dividend of $0.72 per share and saw insider selling from its EVP and CEO. Institutional investors hold a significant portion of the company’s stock, and analysts maintain a “Moderate Buy” consensus rating for LH.