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Laboratory Corporation Of America Holdings Q4 adjusted earnings Beat Estimates

Laboratory Corporation Of America Holdings Q4 adjusted earnings Beat Estimates WASHINGTON (dpa-AFX) - Laboratory Corporation Of America Holdings (LH) announced earnings for its fourth quarter that rose from the same period last year. The company s earnings totaled $938.8 million, or $9.54 per share. This compares with $227.1 million, or $2.32 per share, in last year s fourth quarter. Excluding items, Laboratory Corporation Of America Holdings reported adjusted earnings of $1.038 billion or $10.56 per share for the period. Analysts had expected the company to earn $8.11 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items. The company s revenue for the quarter rose 52.2% to $4.49 billion from $2.95 billion last year.

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