IDEX Earnings Preview: What to Expect

Core Insights - IDEX Corporation is an applied solutions company with a market cap of $12.3 billion, specializing in fluid and metering technologies, health and science technologies, and fire and safety products, operating across the Americas, Europe, and the Indo-Pacific [1] Financial Performance - IDEX is set to release its Q3 results on October 29, with analysts expecting an adjusted profit of $1.93 per share, a 1.6% increase from $1.90 in the same quarter last year [2] - For fiscal 2025, analysts project an adjusted EPS of $7.89, remaining flat year-over-year, while fiscal 2026 earnings are expected to grow by 8.4% to $8.55 per share [3] Stock Performance - IEX stock has declined by 21.6% over the past 52 weeks, underperforming the Industrial Select Sector SPDR Fund's 8.9% gains and the S&P 500 Index's 13.5% returns during the same period [4] - Following the release of Q2 results on July 30, where IDEX reported record sales of $865.4 million (up 7.2% year-over-year) and an adjusted EPS of $2.07, the stock dropped 11.3% in a single trading session due to disappointing full-year guidance [5] Analyst Ratings - Analysts maintain a consensus "Moderate Buy" rating for IDEX, with 13 analysts covering the stock, including six "Strong Buys," one "Moderate Buy," and six "Holds," and a mean price target of $192.64 indicating a 16.7% upside potential from current levels [6]