Idexx: 2Q Earnings Snapshot
WESTBROOK, Maine (AP) _ Idexx Laboratories Inc. (IDXX) on Thursday reported second-quarter net income of $125.7 million.
The Westbrook, Maine-based company said it had profit of $1.43 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
The Animal diagnostic and health care company posted revenue of $620.1 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $628 million.
Idexx expects full-year earnings to be $4.82 to $4.92 per share, with revenue in the range of $2.38 billion to $2.41 billion.
Idexx shares have climbed 52% since the beginning of the year. The stock has climbed 15% in the last 12 months.
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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