WESTBROOK, Maine (AP) _ Idexx Laboratories Inc. (IDXX) on Tuesday reported fourth-quarter earnings of $174.8 million.
The Westbrook, Maine-based company said it had net income of $2.01 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The Animal diagnostic and health care company posted revenue of $720.9 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $681.5 million.
For the year, the company reported profit of $581.8 million, or $6.71 per share. Revenue was reported as $2.71 billion.
Idexx expects full-year earnings to be $7.39 to $7.71 per share, with revenue in the range of $3.07 billion to $3.12 billion.
Idexx shares have decreased 1.5% since the beginning of the year. The stock has risen 74% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IDXX at https://www.zacks.com/ap/IDXX
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