LABORATORY CORP OF AMERICA HOLDINGS (LH)


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April 24, 2024


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About the Company

Laboratory Corporation of America Holdings, more commonly known as Labcorp, is an American healthcare company headquartered in Burlington, North Carolina. It operates one of the largest clinical laboratory networks in the world, with a United States network of 36 primary laboratories. Before a merger with National Health Laboratory in 1995, the company operated under the name Roche BioMedical. Labcorp performs its largest volume of specialty testing at its Center for Esoteric Testing in Burlington, North Carolina, where the company is headquartered. As of 2018, Labcorp processes 2.5 million lab tests weekly.Labcorp was an early pioneer of genomic testing using polymerase chain reaction (PCR) technology, at its Center for Molecular Biology and Pathology in Research Triangle Park, North Carolina, where it also performs other molecular diagnostics. It also does oncology testing, human immunodeficiency virus (HIV) genotyping and phenotyping.Labcorp also operates the National Genetics Institute, Inc. (NGI), in Los Angeles, California, which develops PCR testing methods. Labcorp's ViroMed facility, originally in Minnetonka, Minnesota, until closing this site in 2013, is now housed in Burlington and performs real-time PCR microbial testing using laboratory-developed assays. Labcorp also provides testing in Puerto Rico and in three Canadian provinces.In February 2022, Labcorp announced that it has entered into agreements with Ascension, one of the nation’s leading Catholic and non-profit health systems, to manage Ascension’s hospital-based laboratories in 10 states and purchase select assets of the health system’s outreach laboratory business.Labcorp (ICAO: SKQ, call sign: SKYLAB) utilizes a fleet of eight Pilatus PC-12 and a single Pilatus PC-24 aircraft on nightly runs from Burlington for use on the East Coast. Prior to the acquisition of PC-12 aircraft Labcorp utilized seven PA-31-350's.

Exchange

NYSE

$12B

Total Revenue

61K

Employees

$19B

Market Capitalization

34.87

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $LH News

Laboratory Corp of America Holdings (LH) Q1 Earnings: Surpasses Revenue Forecasts and Updates ...

11h ago, source:

Revenue: Reported at $3.18 billion for Q1 2024, up 4.6% year-over-year, slightly surpassing the estimate of $3.116 billion. Net Income: Reached $228 million in Q1 2024, up from $208 million in Q1 2023 ...

Laboratory Corporation Of America Holdings Q1 Income Climbs, but misses estimates

16h ago, source: Business Insider

(RTTNews) - Laboratory Corporation Of America Holdings (LH) announced a profit for its first quarter that increased from the same period last year but missed the Street estimates. The company's bottom ...

Do You Think Laboratory Corporation of America Holdings (LH) Valuation is Not Attractive Anymore?

17d ago, source: InvestingChannel on MSN

In addition, you can check the top 5 holdings of the fund to know its best picks in 2024. Vltava Fund featured stocks like ...

Laboratory Corporation of America Holdings (NYSE:LH) Has Announced A Dividend Of $0.72

10d ago, source:

The board of Laboratory Corporation of America Holdings ( NYSE:LH ) has announced that it will pay a dividend of ...

Laboratory Corporation of America Holdings: Labcorp Announces 2024 First Quarter Results

16h ago, source: Finanznachrichten

The company expects this transaction will increase access to Labcorp's high-quality clinical laboratory services ... the spin-off of Fortrea Holdings Inc. (Fortrea), and acquisitions or dispositions ...

Laboratory Corp of America Holdings

7d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

LABORATORY CORP OF AMERICA HOLDINGS's Net Worth

24d ago, source: Benzinga.com

Who is LABORATORY CORP OF AMERICA HOLDINGS? LABORATORY CORP OF AMERICA HOLDINGS does not have any significant net worth to report based on the numbers we have. This is based on reported shares ...

Laboratory corp exec sells $760k in company stock

22d ago, source: Investing

BURLINGTON, NC - Amy B. Summy, the Executive Vice President and Chief Marketing Officer of Laboratory Corp of America Holdings (NYSE:LH), has sold 3,500 shares of the company's common stock, according ...

Laboratory Corp of America Holdings LH

8d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Laboratory Corp Of America Holdings

21d ago, source: 24/7 Wall St

Laboratory Corporation of America Holdings, commonly known as Labcorp, is a leading life sciences company that plays a crucial role in healthcare and pharmaceutical industries. It offers a wide ...

Laboratory Corp. of America Holdings

26d ago, source: Barron's

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

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