IDEXX Laboratories Inc. (IDXX) reported a fourth-quarter net income attributable to stockholders of $30.95 million compared to $23.56 million last year. Earnings per share increased to $0.51 from $0.39 prior year.
On average, 6 analysts polled by Thomson Reuters expected the company to report profit of $0.45 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $270.34 million from $243.29 million a year ago. Analysts expected revenue of $262.20 million for the quarter.
The company provided updated guidance for the full year of 2010. Revenues are expected to be $1.1 billion-$1.115 billion. This guidance is higher than the previous guidance of $1.08 billion-$1.1 billion. EPS are expected to be $2.20-$2.25, compared to previous guidance of $2.15-$2.25.
For comments and feedback: editorial@rttnews.com