Labcorp Forecasts 2024 Adjusted EPS Of $14.30-$15.40 Versus Consensus Of $14.49
Portfolio Pulse from Benzinga Newsdesk
Labcorp has projected its 2024 adjusted earnings per share (EPS) to be in the range of $14.30 to $15.40, which compares to the consensus estimate of $14.49. This forecast suggests that Labcorp is optimistic about its financial performance in the upcoming year.
February 15, 2024 | 12:00 pm
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Labcorp's forecasted adjusted EPS for 2024 ranges from $14.30 to $15.40, exceeding the consensus estimate of $14.49, indicating a positive outlook for the company's financial performance.
Labcorp's forecasted EPS for 2024 is higher than the consensus estimates, which typically suggests that the company is confident about its growth and operational efficiency in the upcoming year. This positive outlook is likely to be well-received by investors, potentially leading to an increase in stock price in the short term as market sentiment improves.
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