IDEXX Laboratories Inc Profit Advances 18% In Q2

(RTTNews) - IDEXX Laboratories Inc (IDXX) announced earnings for its second quarter that increased from last year.

The company said its bottom line totaled $67.20 million, or $0.74 per share. This was up from $56.91 million, or $0.60 per share, in last year's second quarter.

Analysts had expected the company to earn $0.62 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.9% to $466.57 million. This was up from $413.34 million last year.

IDEXX Laboratories Inc earnings at a glance:

-Earnings (Q2): $67.20 Mln. vs. $56.91 Mln. last year. -Earnings Growth (Y-o-Y): 18.1% -EPS (Q2): $0.74 vs. $0.60 last year. -EPS Growth (Y-o-Y): 23.3% -Analysts Estimate: $0.62 -Revenue (Q2): $466.57 Mln vs. $413.34 Mln last year. -Revenue Change (Y-o-Y): 12.9%

-Guidance: Full year EPS guidance: $2.32 - $2.39 Full year revenue guidance: $1.76 - $1.78 Bln