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IDEXX Labs Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. IDEXX Labs Revenue Beats in Q3

Investing.com – IDEXX Labs NASDAQ: reported Tuesday that the third quarter beat analyst forecasts with revenue surpassing expectations.

IDEXX Labs posted earnings per share in the range of $1.03 to $2.03 on revenues of $810.4M. Investing.com polled analysts and predicted EPS at $1.91 for $797.61M.

IDEXX Labs shares have increased 33.33% since the start of the year. However, they are still below 5.67% of their 52-week high of $706.51 on August 4. The shares are performing better than the Nasdaq, which has seen a 21.01% increase since the beginning of the year.

IDEXX Labs follows other major Consumer/Non-Cyclical sector earnings this month

IDEXX Labs’s report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.61 on revenue of $20.34B, compared to forecasts EPS of $1.59 on revenue of $19.83B.

Coca-Cola beat all expectations with $0.65 EPS on $10.04B revenue, as compared to $0.5785 forecasted on $9.77B revenue.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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