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IDEXX Laboratories Inc Bottom Line Climbs In Q2

(RTTNews) - IDEXX Laboratories Inc (IDXX) revealed earnings for its second quarter that climbed from last year.

The company's earnings totaled $202.58 million, or $2.34 per share. This compares with $148.94 million, or $1.72 per share, in last year's second quarter.

Analysts had expected the company to earn $2.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 29.6% to $826.14 million from $637.59 million last year.

IDEXX Laboratories Inc earnings at a glance:

-Earnings (Q2): $202.58 Mln. vs. $148.94 Mln. last year. -EPS (Q2): $2.34 vs. $1.72 last year. -Analysts Estimate: $2.04 -Revenue (Q2): $826.14 Mln vs. $637.59 Mln last year.

-Guidance: Full year EPS guidance: $8.20 - $8.36 Full year revenue guidance: $3,170 - $3,205 Mln

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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