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Idexx (IDXX) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended September 2026, Idexx Laboratories (IDXX - Free Report) reported revenue of $1.21 billion, up 9.9% over the same period last year. EPS came in at $3.98, compared to $3.40 in the year-ago quarter.

The reported revenue represents a surprise of +2.21% over the Zacks Consensus Estimate of $1.19 billion. With the consensus EPS estimate being $3.71, the EPS surprise was +7.28%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Idexx performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Percent of Revenue- Gross Profit - CAG: 62.8% compared to the 62.4% average estimate based on two analysts.
  • Percent of Revenue- Gross Profit - LPD: 52.6% versus the two-analyst average estimate of 48%.
  • Percent of Revenue- Gross Profit - Water: 72.6% versus 70.1% estimated by two analysts on average.
  • Revenue- Companion Animal Group (CAG)- United States: $725.88 million versus $720.14 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.6% change.
  • Revenue- Companion Animal Group (CAG)- International: $390.09 million versus $375.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +13.4% change.
  • Revenue- LPD- International: $27.18 million compared to the $27.29 million average estimate based on two analysts. The reported number represents a change of +0.4% year over year.
  • Revenue- Water- International: $27.54 million versus $27.18 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5% change.
  • Revenue- Other: $4.61 million versus the four-analyst average estimate of $4.42 million. The reported number represents a year-over-year change of +3.2%.
  • Revenue- Livestock and poultry diagnostics (LPD): $34.83 million compared to the $35.13 million average estimate based on four analysts. The reported number represents a change of +2.6% year over year.
  • Revenue- Water: $58.84 million compared to the $57.79 million average estimate based on four analysts. The reported number represents a change of +8.4% year over year.
  • Revenue- Companion Animal Group (CAG): $1.12 billion versus the four-analyst average estimate of $1.09 billion. The reported number represents a year-over-year change of +10.2%.
  • Revenues- CAG Diagnostics recurring revenue: $967.35 million compared to the $949.13 million average estimate based on four analysts.

View all Key Company Metrics for Idexx here>>>

Shares of Idexx have returned +6.3% over the past month versus the Zacks S&P 500 composite's -0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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