Idexx laboratories, inc. updates earnings guidance for full year 2019; provides preliminary earnings guidance for 2020

Idexx laboratories, inc. announced earnings guidance for full year 2019. for the year, the company is updating its revenue outlook to $2,395 million - $2,405 million. at mid-point, the updated revenue outlook is $5 million above company's previous guidance reflecting projected organic revenue growth at the higher end of company's previous guidance range. the company also updated its eps outlook to $4.72 - $4.78, reflecting a decrease of $0.12 per share at mid-point, incorporating a projected $0.18 negative impact from ceo transition charges in the fourth quarter of 2019 and a negative $0.02 per share impact related to updated foreign exchange assumptions.for the year 2020, the company reported revenue guidance range of $2,610 million - $2,650 million and eps guidance range of $5.30 - $5.46.
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