India, Aug. 4 -- IDEXX Laboratories, Inc. (IDXX), while reporting higher second-quarter results above the Street, on Monday raised its outlook for fiscal 2025 earnings and revenues, both above market estimates.
In the pre-market activity on the Nasdaq, IDEXX shares were gaining around 5 percent to trade at $562.11.
For fiscal 2026, the company now expects earnings per share of $12.40 to $12.76, representing a year-over-year growth of 16 percent to 20 percent. The company previously expected earnings per share of $11.93 to $12.43, a growth of 12 percent to 17 percent from last year.
The Wall Street analysts on average expect the company to report earnings of $12.21 per share. Analysts' estimates typically exclude special items.
The revis...