Idexx: 2Q Earnings Snapshot

August 1, 2018

WESTBROOK, Maine (AP) _ Idexx Laboratories Inc. (IDXX) on Wednesday reported second-quarter earnings of $108.7 million.

The Westbrook, Maine-based company said it had profit of $1.23 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.

The Animal diagnostic and health care company posted revenue of $580.8 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $574.9 million.

Idexx expects full-year earnings to be $4.10 to $4.20 per share, with revenue in the range of $2.21 billion to $2.23 billion.

Idexx shares have increased 57 percent since the beginning of the year. The stock has increased 47 percent in the last 12 months.


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

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