Investing.com - IDEXX Labs (NASDAQ:IDXX) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IDEXX Labs announced earnings per share of $2.01 on revenue of $720.9M. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $680.03M.
IDEXX Labs shares are down 1.49% from the beginning of the year, still down 4.39% from its 52 week high of $515.02 set on January 11. They are under-performing the S&P 500 which is up 0.47% 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 January 20, who reported EPS of $1.64 on revenue of $19.75B, compared to forecasts EPS of $1.51 on revenue of $19.27B.
Mondelez had missed expectations on Thursday with fourth quarter EPS of $0.66 on revenue of $7.3B, compared to forecast for EPS of $0.6651 on revenue of $7.16B.
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