IDEXX Laboratories Slashes FY24 Outlook - Update

RTTNews | vor 388 Tagen
IDEXX Laboratories Slashes FY24 Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Tuesday, pet healthcare provider IDEXX Laboratories, Inc. (IDXX) lowered its earnings and revenue growth guidance for the full-year 2024.

For fiscal 2024, the company now projects earnings in a range of $10.31 to $10.59 per share on revenues between $3.885 billion and $3.945 billion, with revenue growth and organic revenue growth of 6.2 to 7.8 percent.

Previously, the company expected earnings in a range of $10.82 to $11.20 per share on revenues between $3.895 billion and $3.965 billion, with revenue growth of 6.5 to 8.5 percent and organic revenue growth of 7.0 to 9.0 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $11.05 per share on revenues of $3.94 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
IDEXX Laboratories Slashes FY22 Outlook - Update

IDEXX Laboratories Slashes FY22 Outlook - Update

While reporting financial results for the second quarter on Tuesday, pet healthcare provider IDEXX Laboratories, Inc. (IDXX) slashed its earnings and revenue growth guidance for the full-year 2022.
RTTNews | vor 1123 Tagen
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | vor 2Std 11 Minuten
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | vor 5Std 1 Minuten
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | vor 5Std 30 Minuten