Labcorp Holdings Inc Reports Quarterly Earnings
Labcorp Holdings Inc has released its quarterly earnings, with the company’s revenue increasing by 5.3% compared to the same period last year. The revenue growth is reflected in the company’s financial performance.
Key Financial Metrics
- Revenue growth: 5.3% compared to the same period last year
- Earnings per share (EPS): $2.55
- Previous year’s EPS: $2.71
Market Performance
Labcorp’s market performance has been positive, with the stock being considered a top value stock for the long-term. However, BlackRock Inc has reduced its stake in the company.
Company Overview
Labcorp’s market capitalization remains significant, and the company continues to operate in the healthcare sector. The company provides clinical lab tests and services to patients, biopharma, and health systems worldwide.
Key Facts
- Industry: Healthcare
- Services provided: Clinical lab tests and services
- Global presence: Worldwide