LabCorp 2Q Earnings Pregame Scorecard

FOXBusiness

Having beaten analysts' expectations in each of the last five quarters, LabCorp (NYSE:LH) will announce on Thursday whether the streak is alive or snapped.

Expectations

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Analysts currently expect LabCorp to come in with earnings of $1.78 per share on revenues of $1.44 billion. Estimates from analysts range from $1.66 per share to $1.82 per share. Over the past three months, the average estimate has moved down from $1.80.

Last Quarter's Results

In the first quarter, profit rose 27.1% to $161.6 million ($1.63 a share) from $127.1 million ($1.23 a share) the year earlier, exceeding analyst expectations. Revenue rose 4% to $1.42 billion from $1.37 billion.

Stock Ratings

Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Stock Movement

The stock fell $3.93 per share between May 29, 2012 and June 1, 2012.

Company Fundamental Trends

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 19, 2012 before market open

EPS: $1.78

Revenue Estimate: $1.44 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)