---
schema_version: "secwatch.filing_event.v1"
accession: "0000920148-23-000058"
form_type: "8-K"
ticker: "LH"
cik: "0000920148"
company_name: "LABCORP HOLDINGS INC."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:58:11.002521+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Labcorp Q2 revenue $3.03B (+4% YoY); adjusted EPS $3.42 vs $4.04; completes Fortrea spin-off, launches $1B buyback

## Summary
- Revenue from continuing ops $3.03B (+3.8% YoY); Base Business organic revenue +9.8% while COVID-19 testing declined -7.8% pts.
- Diluted GAAP EPS $1.74 (down from $2.89); adjusted EPS $3.42 (down from $4.04); full-year adjusted EPS guidance $13.00-$14.00.
- Completed spin-off of Fortrea on June 30; Fortrea distributed ~$1.6B cash; Labcorp announced $1.0B accelerated share repurchase.
- New partnerships: lab agreement with Jefferson Health; acquisition of Providence Oregon outreach lab; Legacy Health inpatient lab management.
- Q2 free cash flow $177M vs $408M; FY 2023 free cash flow guidance $0.8B-$1.0B; quarterly dividend $0.72/share payable Sept 8.

## SEC filing metadata
- accession: 0000920148-23-000058
- form_type: 8-K
- ticker: LH
- cik: 0000920148
- company_name: LABCORP HOLDINGS INC.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920148/000092014823000058/0000920148-23-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920148/000092014823000058/lh-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000920148-23-000058
- JSON: https://secwatch.observer/filing/0000920148-23-000058.json
- Plain text: https://secwatch.observer/filing/0000920148-23-000058.txt

## Key facts
- Earnings Releases
  LABCORP HOLDINGS INC. reported Full Year 2023 results: EPS $13.00 to $14.00. Guidance initiated.
  - Period: Full Year 2023
  - EPS: $13.00 to $14.00
  - Guidance: initiated
  - Result: guidance update
  source text: Full-Year 2023 Guidance from Continuing Operations: Adjusted EPS of $13.00 to $14.00 and Free Cash Flow of $0.8 billion to $1.0 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/920148/000092014823000058/0000920148-23-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.