Previous close | 5.60 |
Open | 5.60 |
Bid | 0.25 |
Ask | 4.60 |
Strike | 580.00 |
Expiry date | 2024-06-21 |
Day's range | 5.60 - 5.60 |
Contract range | N/A |
Volume | |
Open interest | 15 |
IDEXX (IDXX) delivers better-than-expected earnings in the first quarter of 2024.
While the top- and bottom-line numbers for Idexx (IDXX) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
IDEXX Laboratories lowered its annual sales forecast after missing quarterly estimates on Wednesday, as the animal diagnostic equipment maker expects a hit from a slowdown in veterinary clinic visits by pet owners and a stronger dollar. Visits to veterinary clinics, after a COVID-driven boom, have been disrupted due to staffing shortages in the past few years. IDEXX lowered its full-year revenue forecast to between $3.9 billion and $3.97 billion from its previous estimate of $3.93 billion to $4.04 billion.