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Labcorp (LH) Reports Q2 Earnings: What Key Metrics Have to Say
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Labcorp Holdings (LH - Free Report) reported $3.73 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 5.8%. EPS of $4.99 for the same period compares to $4.35 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.72 billion, representing a surprise of +0.36%. The company delivered an EPS surprise of +4.18%, with the consensus EPS estimate being $4.79.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Labcorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net book-to-bill Ratio ( TTM Book-to-Bill): 1% versus 1% estimated by two analysts on average.
Revenues- Biopharma Laboratory Services: $836.2 million compared to the $806.31 million average estimate based on three analysts. The reported number represents a change of +6.6% year over year.
Revenues- Diagnostics Laboratories: $2.9 billion versus $2.92 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.5% change.
Adjusted Operating Income- Diagnostics Laboratories: $522.6 million versus the two-analyst average estimate of $519.16 million.
Adjusted Operating Income- Unallocated corporate expense: $-76.1 million versus $-75.97 million estimated by two analysts on average.
Adjusted Operating Income- Biopharma Laboratory Services: $142.2 million versus $128.04 million estimated by two analysts on average.
Shares of Labcorp have returned +8.2% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Labcorp (LH) Reports Q2 Earnings: What Key Metrics Have to Say
Labcorp Holdings (LH - Free Report) reported $3.73 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 5.8%. EPS of $4.99 for the same period compares to $4.35 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.72 billion, representing a surprise of +0.36%. The company delivered an EPS surprise of +4.18%, with the consensus EPS estimate being $4.79.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Labcorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Labcorp here>>>
Shares of Labcorp have returned +8.2% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.