LabCorp now expects a profit of $4.75 to $4.95 per share in 2009, and forecast revenue growth of 2 to 4 percent. The company had expected net income between $5 and $5.25 per share, on revenue growth of 3.5 to 5.5 percent.
The company maintained its 2008 forecasts of $4.57 to $4.61 per share in profit, with revenue growing about 11 percent, to $4.52 billion.
The company maintained its 2008 forecasts of $4.57 to $4.61 per share in profit, with revenue growing about 11 percent, to $4.52 billion.
