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WESTBROOK, Maine (AP) — WESTBROOK, Maine (AP) — Idexx Laboratories Inc. (IDXX) on Thursday reported first-quarter profit of $242.7 million.
On a per-share basis, the Westbrook, Maine-based company said it had profit of $2.96.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.92 per share.
The Animal diagnostic and health care company posted revenue of $998.4 million in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $1.02 billion.
Idexx expects full-year earnings to be $11.93 to $12.43 per share, with revenue in the range of $4.1 billion to $4.21 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IDXX at https://www.zacks.com/ap/IDXX