Labcorp — Feb 6, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000920148-25-000021
Showing in the filing
Quarterly cash dividend
“$0.72 per share of common stock”
Period
FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 6
Revenue for FY2025
“$13.88 billion to $14.05 billion”
Revenue - Labcorp Enterprise (dollar) for FY2025
“$13.88 billion to $14.05 billion”
Adjusted EPS for FY2025
“$15.60 to $16.40”
Free Cash Flow for FY2025
“$1.10 billion to $1.25 billion”
Quarterly cash dividend for FY2025
“$0.72 per share of common stock”
Quarterly cash dividend
“$0.72 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Expanded our Labcorp OnDemand test menu with new offerings to help consumers manage their health and well-being. • Introduced enhancements to Global Trial Connect aimed at increasing the speed of clinical trials. On January 8, 2025, Labcorp announced a quarterly cash dividend of $0.72 per share of common stock, payable on March 12, 2025, to stockholders of record at the close of business on February 27, 2025. 2 LABCORP HOLDINGS INC. CONSOLIDATED RESULTS Three Months Ended Dec 31, Year Ended Dec 31, 2024 2023 Delta 2024 2023 Delta Revenue Summary (Dollars in billions) Total Revenue $ 3.33 $ 3.03 9.8 % $ 13.01 $ 12.16 7.0 % Organic 5.4 % 3.9 % Base Business (1) 6.2 % 4.9 % COVID-19 Testing (2) (0.8 %) (1.0 %) Acquisitions, net of Divestitures 4.0 % 2.8 % Foreign Exchange 0.3 % 0.2 % (1) Base Business includes Labcorp’s operations except for COVID-19 Testing. (2) COVID-19 Testing represents COVID-19 PCR Testing. Earnings Summary (Dollars in millions, except per share data) Operating Income (“OI”) $ 216.5 $ (122.8) $ 1,086.7 $ 725.6 OI as % of Revenue 6.5 % (4.0) % 1,050 bps 8.4 % 6.0 % 240 bps Adjustments (3) $ 206.7 $ 517.7 $ 710.3 $ 989.3 Adjusted Operating Income (“AOI”) (4) $ 423.2 (5) $ 394.9 $ 1,797.0 $ 1,714.9 AOI as % of Revenue 12.7 % 13.0 % (40) bps (6) 13.8 % 14.1 % (30) bps (6) Net Earnings from Cont. Ops $ 143.6 $ (166.8) $ 747.1 $ 380.4 Diluted EPS from Cont. Ops $ 1.70 $ (1.95) $ 8.84 $ 4.33 Adjusted EPS (4) $ 3.45 $ 3.30 $ 14.57 $
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.