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IDEXX forecasts 2026 revenue, profit above estimates on strong demand for pet diagnostics
Reuters· 2026-02-02 13:12
Animal diagnostics maker IDEXX Laboratories on Monday forecast 2026 revenue and profit above Wall Street estimates, betting that resilient demand at veterinary clinics and higher testing per visit wil... ...
IDEXX raises annual forecasts as pet owners spend more on preventive care
Reuters· 2025-11-03 12:43
Core Insights - IDEXX Laboratories raised its full-year profit and revenue forecasts following better-than-expected third-quarter results, indicating strong performance in the pet diagnostics sector [1] Financial Performance - The company reported improved third-quarter results compared to the previous year, which contributed to the upward revision of its profit and revenue forecasts [1] Market Trends - IDEXX Laboratories is capitalizing on the trend of pet owners increasing their spending on diagnostics and healthcare for their pets, reflecting a growing market demand [1]