IDEXX Laboratories Inc <IDXX.OQ> expected to post earnings of $2.67 a share - Earnings Preview
IDEXX Laboratories Inc IDXX.OQ IDXX.O is expected to show a rise in quarterly revenue when it reports results on May 1 for the period ending March 31 2024
The Westbrook Maine-based company is expected to report a 7.4% increase in revenue to $966.493 million from $900.2 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.
LSEG's mean analyst estimate for IDEXX Laboratories Inc is for earnings of $2.67 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for IDEXX Laboratories Inc is $608.58, above its last closing price of $499.30.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2023 | 2.13 | 2.12 | 2.32 | Beat | 9.5 |
Sep. 30 2023 | 2.37 | 2.37 | 2.53 | Beat | 6.8 |
Jan. 1 0001 | 2.48 | 2.47 | 2.67 | Beat | 8.2 |
Mar. 31 2023 | 2.43 | 2.42 | 2.55 | Beat | 5.4 |
Dec. 31 2022 | 1.95 | 1.94 | 2.05 | Beat | 5.5 |
Sep. 30 2022 | 2.03 | 2.04 | 2.15 | Beat | 5.4 |
Jun. 30 2022 | 1.54 | 1.56 | 1.56 | Met | 0.1 |
Mar. 31 2022 | 2.26 | 2.26 | 2.27 | Beat | 0.6 |
This summary was machine generated April 29 at 14:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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