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IDEXX Labs (IDXX) Reports Q3 EPS of $0.52, Beats by 7c; Guides FY09, FY10

October 23, 2009 7:20 AM EDT
IDXX Hot Sheet
EPS Growth %: +16.1%

Financial Fact:
Cost of product revenue: 75.21M

Today's EPS Names:
TNP, MENT, More
IDEXX Laboratories Inc. (Nasdaq: IDXX) reports Q3 EPS of $0.52, 7 cents better than the analyst estimate of $0.45. Revenue for the quarter was $259.1 million, which compares to the estimate of $253.17 million.

Sees FY09 EPS of $1.92-$1.95 on sales of $1.02 billion. The Street is currently looking for FY09 EPS of $1.90 and sales of $1.02 billion.

For FY10, IDEXX sees EPS of $2.15-$2.25 on sales of $1.08-$1.1 billion. The Street is looking for FY10 EPS and sales of $2.17 and $1.11 billion, respectively.

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