LabCorp Slashes FY18 Adj Earnings Outlook - Quick Facts

(RTTNews) - LabCorp (LH) on Wednesday slashed its adjusted earnings guidance for fiscal 2018 to a range of $11.25 to $11.45 per share from the prior guidance range of $11.35 to $11.65 per share.

The company also now projects full-year revenue growth of between 10.5 and 11.0 percent, compared to the prior growth guidance of 10.5 to 11.5 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $11.53 per share on revenue growth of 11.8 percent to $11.42 billion for the year. Analysts' estimates typically exclude special items.