Idex (IEX) Beats Q3 Earnings and Revenue Estimates

Core Insights - Idex (IEX) reported quarterly earnings of $2.03 per share, exceeding the Zacks Consensus Estimate of $1.93 per share, and showing an increase from $1.90 per share a year ago, resulting in an earnings surprise of +5.18% [1] - The company achieved revenues of $878.7 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.37% and up from $798.2 million year-over-year [2] - Idex has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.12, with expected revenues of $893.61 million, while the estimate for the current fiscal year is $7.89 on $3.43 billion in revenues [7] - The trend of estimate revisions for Idex was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Manufacturing - General Industrial industry, to which Idex belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Idex's stock performance [5]