Labcorp Raises FY Adjusted Earnings and Revenue Guidance; Shares Gain 10%
Labcorp raised its full-year adjusted earnings and revenue guidance. Shares rose 10% to $365.02 in midday Wednesday trading; the stock is up 46% year to date.
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Hasbro Beats Q3 Earnings Estimates and Raises Outlook
Hasbro reported adjusted earnings of $2.90 per share versus the $1.86 consensus estimate. Revenue rose 15% year over year to $1.595 billion, above estimates of $1.476 billion, and the company raised its outlook.