Benzinga | Oct 27, 2020 06:52AM EDT

Laboratory Corp Q3 Adj. EPS $8.41 Beats $5.25 Estimate, Sales $3.90B Beat $3.63B Estimate

Laboratory Corp (NYSE:LH) reported quarterly earnings of $8.41 per share which beat the analyst consensus estimate of $5.25 by 60.19 percent. This is a 190 percent increase over earnings of $2.90 per share from the same period last year. The company reported quarterly sales of $3.90 billion which beat the analyst consensus estimate of $3.63 billion by 7.44 percent. This is a 33.15 percent increase over sales of $2.93 billion the same period last year.