IDEXX Laboratories hits near seven-month high on FY profit forecast raise

Shares of animal diagnostics maker IDEXX Laboratories IDXX.O rise as much as 11.4% to a near seven-month high of $481.93

Co raises FY profit forecast to between $11.93 and $12.43 per share, compared with previous view of between $11.74 and $12.24

Analysts, on average, expect annual profit to be $11.99 per share, according to data compiled by LSEG

On an adjusted basis, IDEXX reports a profit of $2.96 per share for the quarter, above estimates of $2.85

Including session's move, IDXX up 15.04% YTD