LabCorp (LH) is progressing well with its planned spin-off of the Clinical Development business, which is expected to be completed in mid-2023.
Laboratory Corporation of America Holdings (LH) Q1 2023 Earnings Call Transcript.
The decline in COVID-19 PCR and antibody testing sales, the severe foreign exchange headwind and inflationary pressure hurt LabCorp's (LH) business performance in Q1.

LabCorp (LH) Misses Q1 Earnings Estimates

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LabCorp (LH) came out with quarterly earnings of $3.82 per share, missing the Zacks Consensus Estimate of $3.99 per share. This compares to earnings of $6.11 per share a year ago.
While the concept of acquiring low-PE ratio blue-chip stocks (that is, industry-leading stalwarts that feature low price-earnings ratios relative to their sectors) appeals on paper, investors need to

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LabCorp's (LH) at-home collection kit will offer patients an additional and easier option to get screened for colon cancer.
A former Labcorp employee turned whistleblower sued the diagnostic testing company in 2018 on behalf of the federal government under the False Claims Act.
Investors are optimistic about LabCorp (LH) backed by strength in its Drug Development business.
In its efforts to expand further, LabCorp (LH) is focusing more on high-growth opportunity areas such as neurodegenerative, autoimmune and liver disease as well as cell and gene therapy.
Laboratory Corporation of America Holdings (NYSE:LH ) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET Company Participants Chas Cook - Vice President of Investor Relations Adam Schechter
The severe foreign exchange headwind, inflationary pressure and the ongoing Ukraine/Russia crisis impact LabCorp's (LH) business performance in Q4.
Shares of Labcorp LH, +1.79% were down about 2.9% in premarket trading on Thursday after the diagnostics company reported lower-than-expected revenue in the fourth quarter of 2022. Labcorp had earning
Labcorp LH, -0.52% said Thursday that it plans to spin off its clinical development business into a publicly traded clinical research organization, or CRO, in mid-2023. The name of the planned spin-of
In terms of portfolio enhancement, LabCorp (LH) enters into a collaboration with Becton, Dickinson and Company to advance in life-changing treatments for cancer and other diseases.
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