IDEXX Laboratories Inc
IDXX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| gX% | LOCK|<P | LOCK|w<p?Xk<h |
Idexx Earnings: Strong Quarterly Results Lead to a More Optimistic Outlook From Management
Idexx Labs posted first-quarter organic revenue growth of 11% year over year, and gross margin was up 90 basis points thanks so consumables strength. Management raised its sales and earnings per share outlook by $42 million and $0.13 at the midpoint, respectively.
