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IDEXX Laboratories Inc (IDXX) revealed a profit for its first quarter that climbed from last year.


RTTNews | May 4, 2021 06:42AM EDT

06:41 Tuesday, May 4, 2021 (RTTNews.com) - IDEXX Laboratories Inc (IDXX) revealed a profit for its first quarter that climbed from last year.

The company's earnings totaled $204.29 million, or $2.35 per share. This compares with $111.86 million, or $1.29 per share, in last year's first quarter.

Analysts had expected the company to earn $1.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.2% to $777.71 million from $626.34 million last year.

IDEXX Laboratories Inc earnings at a glance:

-Earnings (Q1): $204.29 Mln. vs. $111.86 Mln. last year.-EPS (Q1): $2.35 vs. $1.29 last year.-Analysts Estimate: $1.71-Revenue (Q1): $777.71 Mln vs. $626.34 Mln last year.

-Guidance:Full year EPS guidance: $7.88 - $8.18Full year revenue guidance: $3.105 - $3.160 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3191160/idexx-laboratories-inc-earnings-climb-in-q1.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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