All the essential details for La Salleâs in-person ceremonies and events
Itâs time for La Salle University to cue up âPomp and Circumstance.â Well, almost.
Preparations are under way for La Salleâs Commencement Weekend, including separate May 15 ceremonies at Lincoln Financial Field that honor the Classes of 2020 and 2021.
Hereâs what to expect from La Salleâs Commencement Weekend:
The events
On Saturday, May 15, La Salle will host two ceremoniesâ10 a.m. for the Class of 2021 and 3 p.m. for the Class of 2020âat Lincoln Financial Field in South Philadelphia. They are preceded by a Baccalaureate Mass at La Salleâs McCarthy Stadium on Friday, May 14.
LabCorp launches corporate review; shares jump to 52-week high
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Dr Chris Stout: Pandemic Update – February 24, 2021
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Dive Brief:
LabCorp has warned investors that COVID-19 testing revenues could fall by as much as 50% this year as the mass-vaccination campaigns now underway start to drive down cases.
In 2020, LabCorp generated $2.8 billion from COVID-19 testing, helping it to grow revenues by 50% in the fourth quarter and 21% across the full year. Demand for COVID-19 diagnostics currently remains fairly high but LabCorp and other testing companies expect that to change.
LabCorp predicts its base business will achieve double-digit growth as the pandemic abates but the surging sales will be more than offset by the lost COVID-19 revenues.
Dive Insight:
Multiple companies exposed to the COVID-19 testing boom have advised investors to expect demand to remain elevated throughout the first half of 2021 before falling away later in the year. However, the forecasts have been qualitative, not quantitative. LabCorp went a step further by predicting how much COVID-19 will be worth to its business in 2021
Operator
Ladies and gentlemen, thank you for standing by, and welcome to Labcorp Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions]
It is now my pleasure to introduce Vice President of Investor Relations, Clarissa Willett.
Clarissa Willett
Vice President, Investor Relations
Thank you, operator. Good morning and welcome to Labcorp s Fourth Quarter 2020 Conference Call. As detailed in today s press release, there will be a replay of this conference call available via telephone and Internet. With me today are Adam Schechter, Chairman and Chief Executive Officer; and Glenn Eisenberg, Executive Vice President and Chief Financial Officer.
This morning, in the Investor Relations section of our website, we posted both our press release and an Investor Relations presentation with additional information on our business and operations, which include a reconciliation of the non-GAAP financial measures to the GAAP financial measures discussed during today s call. Addit