PRNewsWire
30 Jul 2026, 10:50 UTC · 13w ago
Labcorp Announces 2026 Second Quarter Results; Raises Full Year 2026 Guidance
Impact · against what's priced in
Labcorp's strong second-quarter results, highlighted by a 14.9% increase in adjusted EPS and raised full-year guidance, provide a positive catalyst for the stock. The addition of $1.0 billion to the share repurchase authorization further supports a bullish outlook on valuation.
- LH+0.60
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- In context
The company reported a 14.9% year-over-year increase in adjusted EPS for Q2 2026 and raised its full-year guidance, while simultaneously expanding its share repurchase authorization by $1.0 billion.
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