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Idexx: Q3 Earnings Snapshot
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WESTBROOK, Maine (AP) — WESTBROOK, Maine (AP) — Idexx Laboratories Inc. (IDXX) on Monday reported third-quarter net income of $317.1 million.

On a per-share basis, the Westbrook, Maine-based company said it had net income of $4.01. Earnings, adjusted for investment gains, were $3.98 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.71 per share.

The Animal diagnostic and health care company posted revenue of $1.21 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $1.19 billion.

Idexx expects full-year earnings to be $14.96 to $15.16 per share, with revenue in the range of $4.74 billion to $4.77 billion.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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