IDEXX Laboratories: Q3 Earnings Insights

 

Shares of IDEXX Laboratories IDXX were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share increased 36.29% over the past year to $1.69, which beat the estimate of $1.42.

Revenue of $721,789,000 rose by 19.24% year over year, which beat the estimate of $669,450,000.

Outlook

IDEXX Laboratories hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Oct 29, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/wmvg5y3j

Price Action

Company's 52-week high was at $444.96

52-week low: $168.65

Price action over last quarter: Up 7.88%

Company Overview

Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. Idexx gets about 38% of its revenue from outside the United States.

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Posted In: EarningsNews
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