IDEXX Laboratories Slashes FY22 Outlook - Update

RTTNews | 1014 dagar sedan
IDEXX Laboratories Slashes FY22 Outlook - Update

(RTTNews) - 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.

For fiscal 2022, the company now projects earnings in a range of $7.77 to $8.05 per share on revenues between $3.305 billion and $3.385 billion, with revenue growth of 3 to 5.5 percent and organic revenue growth of 5.5 to 8 percent.

Previously, the company expected earnings in a range of $8.11 to $8.35 per share on revenue growth of 5.5 to 8 percent and organic revenue growth of 7.5 to 10 percent.

On average, 11 analysts polled by Thomson Reuters expect the company to report earnings of $8.27 per share on revenues of $3.42 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 FY24 Outlook - Update

IDEXX Laboratories Slashes FY24 Outlook - Update

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.
RTTNews | 279 dagar sedan
Fox Q3 Profit Down, Revenues Climb, Both Ahead Of Market; Stock Gains

Fox Q3 Profit Down, Revenues Climb, Both Ahead Of Market; Stock Gains

Media firm Fox Corp. reported Monday weak earnings in its third quarter on higher expenses, while revenues were higher, benefited mainly by advertising revenue growth of 65 percent, primarily due to the impact of Super Bowl LIX. Adjusted earnings and top line beat market estimates. In pre-market activity on the Nasdaq, the FOX shares were gaining around 3.8 percent.
RTTNews | 1h 7minuter sedan
Bay Street Likely To Open On Firm Note

Bay Street Likely To Open On Firm Note

The Canadian market is likely to open with a strong positive gap on Monday, tracking gains in global markets amid easing tariff concerns following China and the U.S. striking a deal over the weekend.
RTTNews | 1h 30minuter sedan
U.S., China Reach Agreement To Slash Tariffs

U.S., China Reach Agreement To Slash Tariffs

Following closely watched meetings over the weekend in Geneva, Switzerland, the U.S. and China have announced an agreement to drastically reduce tariffs on each other's goods. The White House said the agreement calls for the U.S. and China to each lower tariffs by 115 percent while retaining an additional 10 percent tariff.
RTTNews | 2h 7minuter sedan
FTSE 100 Modestly Higher On Positive Global Cues

FTSE 100 Modestly Higher On Positive Global Cues

U.K. stocks are modestly higher on Monday, with weak healthcare and defence stocks offsetting positive news about U.S-China trade progress, and a firm display by stocks from banking sectors.
RTTNews | 2h 7minuter sedan
CAC 40 Rises 1.3% On Easing Tariff Jitters

CAC 40 Rises 1.3% On Easing Tariff Jitters

French stocks are extending recent gains and are up firmly in positive territory on Monday with the benchmark CAC 40 rising to a near six-week high, cheering the U.S.-China agreement on tariffs.
RTTNews | 2h 53minuter sedan
DAX Pares Some Gains After Hitting New High

DAX Pares Some Gains After Hitting New High

The German market has climbed to a fresh record high on Monday with stocks moving up sharply, buoyed by the positive developments on the trade front. Following negotiations in Switzerland over the weekend, the U.S. and China struck a deal over the weekend to suspend tariffs for 90 days and slash rates going forward.
RTTNews | 3h 21minuter sedan