IDEX Gears Up to Post Q4 Earnings: What Lies Ahead for the Stock?

IDEX Corporation (IEX) is scheduled to release fourth-quarter 2024 results on Feb. 4, after market close.The Zacks Consensus Estimate for fourth-quarter earnings has remained steady in the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 2.9%.The consensus estimate for revenues is pegged at $865 million, indicating an increase of 9.6% from the prior-year quarter’s figure. The c ...