BUZZ-IDEXX Laboratories hits over 3-year high after upbeat 2025 forecast

Reuters
8小时前
BUZZ-IDEXX Laboratories hits over 3-year high after upbeat 2025 forecast

Updates

** Shares of animal diagnostics maker IDEXX Laboratories IDXX.O jump 28.5% to over three-year high of $688.12

** Stock set for best day on record, if gains hold

** Co lifts 2025 EPS forecast to between $12.40 and $12.76, from prior view of $11.93 to $12.43

** IDXX also raises 2025 sales forecast to between $4.21 billion and $4.28 billion, from $4.10 billion and $4.21 billion

** Analysts were expecting sales of $4.15 billion and an adjusted profit of $12.19 per share for the year - data compiled by LSEG

** Co reports Q2 EPS of $3.63, above estimates of $3.30

** Co posts Q2 sales of $1.11 billion, above estimates of $1.07 billion

** As of last close, stock was up 29.5% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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