WESTBROOK, Maine (AP) — WESTBROOK, Maine (AP) — Idexx Laboratories Inc. (IDXX) on Wednesday reported first-quarter earnings of $235.6 million.
On a per-share basis, the Westbrook, Maine-based company said it had profit of $2.81.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.68 per share.
The Animal diagnostic and health care company posted revenue of $964.1 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $965.4 million.
Idexx expects full-year earnings to be $10.82 to $11.20 per share, with revenue in the range of $3.9 billion to $3.97 billion.
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