BUZZ-IDEXX up after raising annual profit and revenue forecasts

IDEXX Laboratories, Inc.

IDEXX Laboratories, Inc.

IDXX

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Updates

** Shares of veterinary diagnostics products maker IDEXX Laboratories IDXX.O rise 3.21% to $581.22

** Co now expects 2026 profit in the range of $14.45 to $14.90 per share, compared with its prior forecast of $14.29 to $14.80 per share

** Analysts, on average, were expecting $14.51 per share, according to data compiled by LSEG

** IDXX raises 2026 revenue forecast to $4.68 billion to $4.76 billion, from earlier projection of $4.63 billion to $4.72 billion

** Posts Q1 revenue of $1.14 billion, vs analysts' estimate of $1.11 billion

** Including session's move, IDXX down 17.2% YTD