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News Breaks
November 27, 2013
08:36 EDTBRLIBio-Reference Labs sees Q4 EPS about 40c, consensus 38c
Sees Q4 revenue about $192M, consensus $183.96M. The company indicated that patient volume continued to show strength and tracked well with growth patterns of prior fiscal years. On a year-over-year basis, the company expects to report Q4 patient volume grew 15% over 4Q12, 12% when allowing for lost growth due to Super Storm Sandy. The company further expects to report revenue per patient for non-genetic tests trended downward by about 4% in Q4 compared to previous reimbursement levels for the same tests in 3Q13..
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