IDEXX Laboratories Announces Third Quarter Results

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Go back to IDEXX Laboratories Announces Third Quarter Results

IDEXX Labs (IDXX) Tops Q3 EPS by 2c; Updates FY16 Outlook; Guides FY17 EPS Above Views

November 1, 2016 7:17 AM EDT

IDEXX Labs (NASDAQ: IDXX) reported Q3 EPS of $0.62, $0.02 better than the analyst estimate of $0.60. Revenue for the quarter came in at $448.3 million versus the consensus estimate of $448.6 million.

GUIDANCE:

IDEXX Labs sees FY2017 EPS of $2.77-$2.93, versus the consensus of $2.70.

Outlook for 2016

The Company is refining its 2016 revenue outlook to $1,763 million - $1,773 million, at the high end of our earlier guidance range. The refined revenue outlook takes into account... More