earnings
confidence high
sentiment positive
materiality 0.75
IDEXX Q4 revenue $954M (+6% YoY), EPS $2.62; guides 2025 rev $4.06-$4.17B, EPS $11.74-$12.24
IDEXX LABORATORIES INC /DE
2024-FY EPS reported
$10.67
revenue$3,897,504,000
- Q4 revenue $954M (+6% reported and organic); CAG Diagnostics recurring revenue +7% organic.
- Q4 EPS $2.62 (+13% as reported, +10% comparable); full year EPS $10.67 (+12% comparable).
- 2025 revenue guidance $4.055-$4.170B (+4-7% reported, +6-9% organic); EPS $11.74-$12.24 (+10-15% reported).
- Expects ~$1.5B in share repurchases in 2025 (~4% of market cap), subject to market conditions.
- 2024 full year revenue $3.898B (+6% as reported and organic); targets 200-250 bps operating margin improvement in 2025.