Labcorp Holdings Inc
LH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|q% | LOCK|lbHh | LOCK|!JYsT<Y |
LabCorp Earnings: Solid Quarterly Performance Leads to Hike in Guidance
LabCorp delivered second-quarter revenue of $3.73 billion, up 4% organically on solid volume growth and favorable price/mix. Quarterly earnings of $299 million rose 26% year over year thanks to tight control over operating expenses.
