Investing.com - Laboratory America reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Laboratory America announced earnings per share of $2.57 on revenue of $2.77B. Analysts polled by Investing.com anticipated EPS of $0.88 on revenue of $2.45B.
Laboratory America shares are up 18% from the beginning of the year and are trading at $201.30 , down-from-52-week-high.They are outperforming the S&P 500 which is up 0.27% from the start of the year.
Laboratory America follows other major Healthcare sector earnings this month
Laboratory America's report follows an earnings beat by J&J on July 16, who reported EPS of $1.67 on revenue of $18.34B, compared to forecasts EPS of $1.49 on revenue of $17.61B.
Roche Holding ADR had beat expectations on Thursday with second quarter EPS of $1.45 on revenue of $15.27B, compared to forecast for EPS of $1.42 on revenue of $15.69B.
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