Labcorp reports Q1 adjusted EPS $3.68, consensus $3.48

Reports Q1 revenue $3.18B, consensus $3.12B. “Labcorp’s first quarter performance sets a strong foundation for the year ahead,” said Adam Schechter, chairman and CEO of Labcorp. “We have a strong position as a partner of choice for health systems and regional/local laboratories, announcing or completing several transactions in the quarter. Additionally, we continue to harness science, technology and innovation as we expand Labcorp’s test menu to meet patients’ evolving needs. The Labcorp team will build off this momentum and continue to deliver value for customers, shareholders and employees as we further our mission to improve health and improve lives.”