IDEXX Labs (IDXX) Tops Q4 EPS by 4c; Issues FY16 Outlook

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Go back to IDEXX Labs (IDXX) Tops Q4 EPS by 4c; Issues FY16 Outlook

IDEXX Labs (IDXX) Continues to Beat and Raise - Piper Jaffray

February 1, 2016 7:58 AM EST

Piper Jaffray analyst, Kevin Ellich, raised estimates and his price target on IDEXX Labs (NASDAQ: IDXX) after earnings beat consensus and the company guided 206 higher. Currency headwinds made him a little more conservative on the coming year EPS growth so the price target increases less than projected earnings on a lower multiple.

Q4 revenue increased 14% y/y to $399.7M, which was $2.8M higher than consensus of... More