earnings
confidence high
sentiment positive
materiality 0.80
Labcorp Q2 revenue up 5.8% to $3.73B, adjusted EPS $4.99 beats; raises FY guidance
LABCORP HOLDINGS INC.
- Q2 diluted EPS $3.64 vs $2.84 (+28.5%); adjusted EPS $4.99 vs $4.35 (+14.9%), beating prior guidance.
- Revenue $3.73B, up 5.8% YoY; Diagnostics Labs +5.5%, Biopharma +6.5%.
- Raised FY 2026 adjusted EPS guidance to $18.10-$18.55 (up $0.30 at midpoint); revenue growth 5.4%-6.3%.
- Board approved $1.0B increase in share repurchase authorization, total remaining $1.4B.
- Completed acquisitions of Parkview Health outreach services and Tribal Diagnostics; quarterly dividend $0.72.