IDEXX (IDXX) Q4 Earnings Surpass Estimates, Margins Fall

IDEXX Laboratories, Inc. (IDXX) posted fourth-quarter 2023 earnings per share (EPS) of $2.32, up 13.2% year over year. The figure surpassed the Zacks Consensus Estimate by 9.4%.In the fourth quarter of 2023, comparable constant-currency EPS of $2.34 improved 29% year over year.Full-year 2023 earnings of $10.06 rose 25% from the 2022 level. The figure exceeded the Zacks Consensus Estimate by 1.9%.Revenues in DetailFourth-quarter revenues increased 8.8% year over year to $901.6 million. Organically, growth wa ...