IDEX(IEX)
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IDEX(IEX) - 2024 Q1 - Quarterly Report
2024-04-24 15:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-10235 IDEX CORPORATION (Exact name of registrant as specified in its charter) Delaware 36-3555336 (State or ot ...
IDEX (IEX) Q1 Earnings Surpass Estimates, Revenues Down Y/Y
Zacks Investment Research· 2024-04-24 13:41
IDEX Corporation’s (IEX) first-quarter 2024 adjusted earnings of $1.88 per share surpassed the Zacks Consensus Estimate of $1.75. The bottom line decreased approximately 10.1% from the year-ago quarter’s figure of $2.09. However, it exceeded management’s projection of $1.70-$1.75 per share.Revenue DetailsIn the quarter under review, IDEX’s net sales of $800.5 million underperformed the Zacks Consensus Estimate of $805 million. The top line also decreased 5.3% year over year. Organic sales in the quarter de ...
IDEX(IEX) - 2024 Q1 - Quarterly Results
2024-04-24 13:30
For further information: TRADED: NYSE (IEX) EX-99.1 Investor Contact: Wendy Palacios Vice President FP&A and Investor Relations (847) 498-7070 IDEX REPORTS FIRST QUARTER RESULTS AND CONFIRMS FULL YEAR GUIDANCE First Quarter 2024 Highlights (All comparisons are against the first quarter of 2023 unless otherwise noted) • Sales of $801 million, down 5% overall and 6% organically, in line with expectations • Reported diluted EPS of $1.60, down 13%, and adjusted diluted EPS of $1.88, down 10%, exceeding first qu ...
Idex (IEX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-04-23 23:00
For the quarter ended March 2024, Idex (IEX) reported revenue of $800.5 million, down 5.3% over the same period last year. EPS came in at $1.88, compared to $2.09 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $804.97 million, representing a surprise of -0.56%. The company delivered an EPS surprise of +7.43%, with the consensus EPS estimate being $1.75.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expect ...
Will Idex (IEX) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-22 17:16
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Idex (IEX) , which belongs to the Zacks Manufacturing - General Industrial industry.When looking at the last two reports, this maker of the Jaws of Life device and other engineered products has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.49%, on average, in the last two quarters.For the last reported quarte ...
Should You Buy IDEX (IEX) Ahead of Earnings?
Zacks Investment Research· 2024-04-22 14:50
Investors are always looking for stocks that are poised to beat at earnings season and IDEX Corporation (IEX) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because IDEX is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicato ...
Will Increasing Expenses Dent IDEX's (IEX) Q1 Earnings?
Zacks Investment Research· 2024-04-19 16:47
IDEX Corporation (IEX) is scheduled to release first-quarter 2024 results on Apr 23, after market close.The Zacks Consensus Estimate for the company’s first-quarter earnings has remained steady in the past 30 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 5.2%.The consensus estimate for the company’s first-quarter 2024 revenues is pegged at $802 million, suggesting a decline of 5.2% from ...
Insights Into Idex (IEX) Q1: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-04-18 14:21
Wall Street analysts expect Idex (IEX) to post quarterly earnings of $1.75 per share in its upcoming report, which indicates a year-over-year decline of 16.3%. Revenues are expected to be $801.77 million, down 5.2% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a company's earnings disclosure, it is ...
All You Need to Know About Idex (IEX) Rating Upgrade to Buy
Zacks Investment Research· 2024-04-10 17:01
Investors might want to bet on Idex (IEX) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earnings pict ...
IDEX(IEX) - 2023 Q4 - Annual Report
2024-02-22 16:56
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10235 IDEX CORPORATION (Exact name of registrant as specified in its charter) Delaware 36-3555336 (State or other jurisdiction of incorporation or or ...