IDEXX Laboratories: Q3 Earnings Insights


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Shares of IDEXX Laboratories (NASDAQ:IDXX) were unchanged after the company reported Q3 results.

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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.


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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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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNews