Earnings release
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FOR IMMEDIATE RELEASE Contact : Chas Cook ( Investors ) -336-436-5076 Investor@Labcorp.com ● ● ● labcorp ● Christopher Allman - Bradshaw ( Media ) -336-436-8263 Media@Labcorp.com Labcorp Announces 2021 Third Quarter Results Company Raises Full - Year Guidance Revenue : Q3 of $ 4.1 billion , versus $ 3.9 billion last year Diluted EPS : Q3 of $ 6.05 , versus $ 7.17 last year Adjusted EPS : Q3 of $ 6.82 , versus $ 8.41 last year Free Cash Flow : Q3 of $ 650 million , versus $ 709 million last year Enhanced women's health leadership position with acquisition of Ovia Health Full Year 2021 Guidance : Revenue raised to range of 13.0 % to 14.0 % ; Adjusted EPS raised to range of $ 26.00 to $ 28.00 ; Free Cash Flow raised to range of $ 2.45 billion to $ 2.60 billion BURLINGTON , N.C. , October 28 , 2021 Labcorp ( NYSE : LH ) , a leading life sciences company , today announced results for the third quarter ended September 30 , 2021 , and raised full - year guidance . " Labcorp delivered another quarter of strong performance as we continue to leverage innovation , science and technology to accelerate our strategy , " said Adam Schechter , chairman and CEO of Labcorp . " Our Base Business continued to perform well and grew 14.6 % . As a result of our third - quarter performance and improved outlook for the balance of the year , we are raising our full - year financial guidance . " - more -