RTTNews | Jul 29, 2021 07:33AM EDT

07:32 Thursday, July 29, 2021 (RTTNews.com) - Laboratory Corporation Of America Holdings (LH) reported a profit for its second quarter that climbed from the same period last year.

The company's earnings totaled $467.4 million, or $4.76 per share. This compares with $231.6 million, or $2.37 per share, in last year's second quarter.

Excluding items, Laboratory Corporation Of America Holdings reported adjusted earnings of $602.4 million or $6.13 per share for the period.

Analysts had expected the company to earn $5.57 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 38.6% to $3.84 billion from $2.77 billion last year.

Laboratory Corporation Of America Holdings earnings at a glance:

-Earnings (Q2): $602.4 Mln. vs. $251.0 Mln. last year.-EPS (Q2): $6.13 vs. $2.57 last year.-Analysts Estimate: $5.57-Revenue (Q2): $3.84 Bln vs. $2.77 Bln last year.

-Guidance:Full year EPS guidance: $21.50 - $25.00

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