# Labcorp Raises Annual Forecasts After Quarterly Revenue Growth

The laboratory services company increased its revenue and adjusted earnings outlooks.

By Will Langan | 24X7 News
Published: 2026-10-28T12:08:27.172Z
Updated: 2026-10-28T12:08:27.172Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/labcorp-third-quarter-results-outlook-october-28-2026

Labcorp raised its full-year revenue and adjusted earnings forecasts on October 28 after reporting third-quarter revenue growth of 6.9%, according to the company's results release.

Revenue for the quarter ended September 30 reached $3.81 billion, compared with $3.56 billion a year earlier. Diluted earnings per share rose to $3.22 from $3.12. Adjusted earnings, which exclude specified items, increased to $4.78 per share from $4.18.

Operating income was $402.1 million, up from $396.6 million. That increase was smaller than revenue growth: the reported operating margin declined to 10.6% from 11.1%. Adjusted operating margin rose to 15% from 14.4%.

For the full year, Labcorp now projects revenue growth of 5.9% to 6.7%, raising the midpoint by half a percentage point. It increased its adjusted earnings forecast to $18.30–$18.70 per share from $18.10–$18.55.

The company maintained its free cash flow forecast at $1.24 billion to $1.36 billion. The annual figures are management projections, and adjusted earnings supplement results prepared under standard accounting rules.

Sources: Labcorp third-quarter results release.

## Sources
- Labcorp Third-Quarter 2026 Results: https://www.prnewswire.com/news-releases/labcorp-reports-strong-2026-third-quarter-results-raises-full-year-2026-guidance-302921355.html