logo
  

IDEXX Laboratories Inc Q3 Profit Rises, Beats estimates

IDEXX Laboratories Inc (IDXX) released earnings for its third quarter that rose from the same period last year.

The company's earnings came in at $175.24 million, or $2.03 per share. This compares with $146.22 million, or $1.69 per share, in last year's third quarter.

Analysts had expected the company to earn $1.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.3% to $810.42 million from $721.79 million last year.

IDEXX Laboratories Inc earnings at a glance:

-Earnings (Q3): $175.24 Mln. vs. $146.22 Mln. last year.
-EPS (Q3): $2.03 vs. $1.69 last year.
-Analysts Estimate: $1.91
-Revenue (Q3): $810.42 Mln vs. $721.79 Mln last year.

-Guidance:
Full year EPS guidance: $8.30 - $8.38
Full year revenue guidance: $3,185 - $3,200 Mln

For comments and feedback contact: editorial@rttnews.com

Follow RTT