Investing.com - IDEXX Labs (NASDAQ:IDXX) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IDEXX Labs announced earnings per share of $1.72 on revenue of $637.6M. Analysts polled by Investing.com anticipated EPS of $1.16 on revenue of $588.18M.
IDEXX Labs shares are up 43.26% from the beginning of the year , still down 0.33% from its 52 week high of $375.34 set on July 30. They are outperforming the S&P 500 which is up 0.48% from the start 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 Thursday, who reported EPS of $1.16 on revenue of $17.7B, compared to forecasts EPS of $1.01 on revenue of $16.96B.
Coca-Cola had beat expectations on July 21 with second quarter EPS of $0.42 on revenue of $7.2B, compared to forecast for EPS of $0.4 on revenue of $7.21B.
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