BUZZ-IDEXX Labs hits 5-month low after cutting 2024 profit and revenue forecast

Reuters05-01

** Shares of IDEXX Laboratories fall as much as 6.2% to a 5-month low of $462.00

** Co lowers its 2024 revenue forecast to between $3.9 bln and $3.97 bln from its previous outlook of $3.93 bln to $4.04 bln

** IDXX also cuts its annual EPS forecast to $10.82 to $11.20 from $10.84 to $11.33

** Co's Q1 rev of $964.1 mln misses Wall Street estimates of $966.1 mln - LSEG

** YTD, stock down 13.4%

(Reporting by Puyaan Singh)

((Puyaan.Singh@thomsonreuters.com;))

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