LabCorp Analysts Boost Their Forecasts After Better-Than-Expected Earnings
LabCorp Analysts Boost Their Forecasts After Better-Than-Expected Earnings
Labcorp Holdings Inc (NYSE:LH) reported better-than-expected second-quarter financial results and raised its FY24 revenue guidance above estimates on Thursday.
週四，Labcorp Holdings公司（NYSE:LH）發佈了超預期的2024年第二季度業績，並將2024年營收預期提高至預估值以上。
Laboratory Corp reported second-quarter 2024 adjusted EPS of $3.94, up from $3.42 a year ago, beating the consensus of $3.78. Sales increased 6.2% year-over-year to $3.22 billion, beating the consensus of $3.19 billion.
Laboratory Corp報告2024財年第二季度調整後的每股收益爲3.94美元，同比增長15％，高於共識預期的3.78美元。銷售額同比增長6.2％至32.2億美元，高於共識預期的31.9億美元。
Diagnostics Laboratories revenue for the quarter was $2.52 billion, an increase of 7.9%. Biopharma Laboratory Services revenue increased 1.1% to $707.0 million.
診斷實驗室的營業收入爲25.2億美元，同比增長7.9％。生物製藥實驗室服務的營業收入增長1.1％至7070萬美元。
LabCorp slashed its 2024 adjusted EPS outlook from $14.45-$15.35 to $14.30-$14.90, compared to the consensus of $14.82.
LabCorp將2024年的調整後每股收益預期從14.45-15.35美元下調至14.30-14.90美元，相比之下，共識預期爲14.82美元。
The company raised the 2024 revenue growth outlook from 4.8%- 6.4% to 6.4%- 7.5%, compared to the consensus of $12.83 billion.
與共識預期的128.3億美元相比，公司將2024年的收入增長預期從4.8％-6.4％上調至6.4％-7.5％。
Labcorp shares gained 0.1% to trade at $233.71 on Friday.
週五，Labcorp股價上漲0.1％，報233.71美元。
These analysts made changes to their price targets on Labcorp following earnings announcement.
這些分析師在業績公佈後修改了對Labcorp的價格目標。
- Truist Securities analyst David Macdonald maintained Labcorp with a Buy and raised the price target from $255 to $275.
- Baird analyst Eric Coldwell maintained the stock with an Outperform rating, while increasing the price target from $261 to $277.
- Barclays analyst Stephanie Davis maintained Labcorp Holdings with an Equal-Weight rating, while boosting the price target from $213 to $249.
- Truist Securities分析師David Macdonald維持賣家評級，將股票價格目標從255美元提高至275美元。
- Baird分析師Eric Coldwell維持該股票的跑贏大盤評級，將股票價格目標從261美元提高至277美元。
- Barclays分析師Stephanie Davis維持該股票的中性評級，將股票價格目標從213美元提高至249美元。
Read More:
閱讀更多：
- Dow Dips Over 400 Points; Apple Posts Upbeat Earnings
- 道瓊斯指數下跌400多點；蘋果發佈樂觀業績。