Benzinga | Apr 29, 2021 06:57AM EDT

Laboratory Corp Q1 Adj. EPS $8.79 Beats $7.42 Estimate, Sales $4.20B Beat $3.92B Estimate; Raises Guidance

Laboratory Corp (NYSE:LH) reported quarterly earnings of $8.79 per share which beat the analyst consensus estimate of $7.42 by 18.46 percent. This is a 270.89 percent increase over earnings of $2.37 per share from the same period last year. The company reported quarterly sales of $4.20 billion which beat the analyst consensus estimate of $3.92 billion by 7.14 percent. This is a 48.73 percent increase over sales of $2.82 billion the same period last year.