Idexx: Q3 Earnings Snapshot

WESTBROOK, Maine (AP) — WESTBROOK, Maine (AP) — Idexx Laboratories Inc. (IDXX) on Thursday reported third-quarter earnings of $232.8 million.

On a per-share basis, the Westbrook, Maine-based company said it had profit of $2.80.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share.

The Animal diagnostic and health care company posted revenue of $975.5 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $979.6 million.

Idexx expects full-year earnings to be $10.37 to $10.53 per share, with revenue in the range of $3.87 billion to $3.89 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IDXX at https://www.zacks.com/ap/IDXX

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up