IDEXX Laboratories Earnings Preview

Before you go, we thought you'd like these...
Before you go close icon

Watch IDEXX Laboratories' (NAS: IDXX) earnings report to see if it can beat analyst expectations for the fifth consecutive quarter. The company will unveil its latest earnings on Friday, Oct. 21. IDEXX develops, manufactures, and distributes products and provides services mainly for the veterinary, water testing, and dairy markets.

What analysts say:

  • Buy, sell, or hold?: Analysts think investors should stand pat on IDEXX with seven of 11 analysts rating it hold. Analysts don't like IDEXX much as competitor Henry Schein overall. Seven out of 13 analysts rate Henry Schein a buy compared to four of 11 for IDEXX. Analysts still rate the stock a hold, but they are a bit more wary about it compared to three months ago.
  • Revenue forecasts: On average, analysts predict $294.9 million in revenue this quarter. That would represent a rise of 9.4% from the year-ago quarter.
  • Wall Street earnings expectations: The average analyst estimate is earnings of $0.64 per share. Estimates range from $0.63 to $0.66.

What our community says:
CAPS All-Stars are solidly backing the stock with 98.5% awarding it an "outperform" rating. The community at large backs the All-Stars with 95.1% assigning it a rating of "outperform." Fools are keen on IDEXX, though the message boards have been quiet lately with only 70 posts in the past 30 days. IDEXX has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.

Management:
IDEXX Laboratories' profit has risen year over year by an average of 17.3% over the past five quarters. Revenue has now gone up for three straight quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows gross, operating, and net margins over the past four quarters.

Quarter

Q2

Q1

Q4

Q3

Gross Margin

54.8%

52.9%

51.0%

52.7%

Operating Margin

22.4%

18.3%

17.9%

18.5%

Net Margin

15.3%

12.5%

12.8%

12.9%

For all our IDEXX Laboratories-specific analysis, including earnings and beyond, add IDEXX Laboratories to My Watchlist.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

At the time this article was published

Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners