Previous close | 1.3500 |
Open | 1.3500 |
Bid | 0.0500 |
Ask | 5.7000 |
Strike | 260.00 |
Expiry date | 2024-12-20 |
Day's range | 1.3500 - 1.3500 |
Contract range | N/A |
Volume | |
Open interest | 3 |
IDEXX Laboratories lowered its annual sales forecast after missing quarterly estimates on Wednesday, as the animal diagnostic equipment maker expects a hit from a slowdown in veterinary clinic visits by pet owners and a stronger dollar. Visits to veterinary clinics, after a COVID-driven boom, have been disrupted due to staffing shortages in the past few years. IDEXX lowered its full-year revenue forecast to between $3.9 billion and $3.97 billion from its previous estimate of $3.93 billion to $4.04 billion.
Comprehensive Analysis of IDEXX's First Quarter Financial Performance
Idexx (IDXX) delivered earnings and revenue surprises of 4.85% and 0.14%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?