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IDXX
Benzinga
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Idexx Laboratories Extends Rally Following Upbeat Q3 Earnings, Outlook

1. IDEXX reported Q3 earnings of $3.22 per share, beating estimates. 2. Sales increased 13% to $1.105 billion, exceeding consensus expectations. 3. Companion Animal Group revenue grew 14%, indicating strong market demand. 4. Guidance for 2025 earnings increased to $12.81-$13.01 per share. 5. Analysts maintain positive outlook despite market concerns.

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FAQ

Why Very Bullish?

The strong earnings and increased 2025 guidance suggest robust future performance. Historically, similar positive earnings surprises have led to significant stock gains.

How important is it?

The article highlights IDXX's strong financial performance, which is crucial for investors. Positive analyst sentiment further reinforces potential stock price increases.

Why Short Term?

The immediate positive earnings reaction suggests a short-term boost in stock price, as seen after past earnings reports.

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