IDEX (IEX) Q2 Earnings Top Estimates, Sales Miss, '24 View Down

IDEX Corporation's (IEX) second-quarter 2024 adjusted earnings of $2.06 per share surpassed the Zacks Consensus Estimate of $2.04. The bottom line decreased approximately 6% from the year-ago quarter's earnings of $2.18 per share. However, it exceeded management's projection of $2.00-$2.05 per share. Revenue Details IDEX's net sales of $807.2 million missed the Zacks Consensus Estimate of $831 million. The top line also decreased 5% year over year. Organic sales decreased 4% year over year. Foreign currency ...