Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Labcorp Reaffirms Long-Term Earnings Outlook

Labcorp Reaffirms Long-Term Earnings Outlook

MT newswireMT newswire2026/09/22 21:37
05:37 PM EDT, 09/22/2026 (MT Newswires) -- Labcorp (LH) reaffirmed its compound annual adjusted EPS growth guidance of 8.5% to 11.5% and compound annual revenue growth outlook of 5% to 8% through 2029 in a late Tuesday regulatory filing. The company also reiterated its adjusted operating margin growth of 75 to 150 basis points by 2029-end, according to the filing. The company believes that the Centers for Medicare & Medicaid Services' clinical laboratory fee schedule payment rates applicable from 2027 through 2029 are based on data that does not fully represent the broader commercial laboratory market and would drive sharp annual payment cuts, which could impact patient access to laboratory services, per the filing.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Novo Nordisk (NVO.US) considers entering the hair loss market, seeking new growth points with its "post-Wegovy" strategy

Novo Nordisk is targeting the hair loss market, seeking to diversify its drug portfolio.

智通财经2026/09/23 00:31

The growth of the traditional network equipment industry may have peaked! Piper Sandler lowers Cisco (CSCO.US) target price to 125 USD.

Piper Sandler analyst James Fish maintains a "Neutral" rating on Cisco, while lowering the target price from $132 to $125.

智通财经2026/09/23 00:31