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Investing.com - IDEXX Labs reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
IDEXX Labs announced earnings per share of $2.24 on revenue of $836.55M. Analysts polled by Investing.com EPS of $2.26 on revenue of $839.47M.
IDEXX Labs 's are down 6% and is trading at $435.96 , still down 38.29% from its 52 week high of $706.51 set on Wednesday, August 4, 2021.
IDEXX Labs follows other major Healthcare sector earnings this month
IDEXX Labs's report follows an earnings beat by J&J on Tuesday, April 19, 2022, who reported EPS of $2.67 on revenue of $23.43B, EPS of $2.59 on revenue of $23.62B.
UnitedHealth had beat expectations on Thursday, April 14, 2022 with first quarter EPS of $5.49 on revenue of $80.15B, for EPS of $5.36 on revenue of $78.73B.
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