tiprankstipranks
Labcorp raises FY23 adjusted EPS view $16.25-$17.75 from $16.00-$18.00
The Fly

Labcorp raises FY23 adjusted EPS view $16.25-$17.75 from $16.00-$18.00

Consensus $17.17. Raises FY23 revenue view to up 1.5%-4% from 1%-4%, consensus $15.19B. Sees FY23 free cash flow $1B-$1.2B. The company said, "Labcorp is updating 2023 full year guidance to reflect its first quarter performance and full year outlook. The following guidance assumes foreign exchange rates effective as of March 31, 2023, for the remainder of the year. Enterprise level guidance includes the estimated impact from currently anticipated capital allocation, including acquisitions, share repurchases and dividends."

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on LH:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles