LabCorp Raises 2016 Adj. EPS Guidance; To Acquire Sequenom For $2.40/shr

Laboratory Corporation of America Holdings (LH) announced, for fiscal 2016, the company expects adjusted EPS of $8.60 to $8.95, versus prior guidance of $8.55 to $8.95. Analysts polled by Thomson Reuters expect the company to report profit per share of $8.79. Analysts' estimates typically exclude special items.

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