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Idex (IEX) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-07-30 13:15
Company Performance - Idex (IEX) reported quarterly earnings of $2.07 per share, exceeding the Zacks Consensus Estimate of $2 per share, and showing a slight increase from $2.06 per share a year ago, resulting in an earnings surprise of +3.50% [1] - The company achieved revenues of $865.4 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.96% and increasing from $807.2 million year-over-year [2] - Over the last four quarters, Idex has consistently surpassed consensus EPS estimates and topped revenue estimates three times [2] Future Outlook - The sustainability of Idex's stock price movement will largely depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - The current consensus EPS estimate for the upcoming quarter is $2.20 on revenues of $872.66 million, and for the current fiscal year, it is $8.24 on revenues of $3.45 billion [7] - The estimate revisions trend for Idex was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Manufacturing - General Industrial industry, to which Idex belongs, is currently ranked in the top 10% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Idex (IEX) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
ZACKS· 2025-07-23 15:08
Core Viewpoint - The market anticipates Idex (IEX) will report a year-over-year decline in earnings despite higher revenues in its upcoming earnings report for the quarter ended June 2025 [1] Earnings Expectations - Idex is expected to post quarterly earnings of $2.00 per share, reflecting a year-over-year decrease of 2.9% [3] - Revenues are projected to reach $856.7 million, representing a 6.1% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 0.69% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for Idex is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.25% [12] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10] - Idex currently holds a Zacks Rank of 2, suggesting a likelihood of beating the consensus EPS estimate [12] Historical Performance - In the last reported quarter, Idex exceeded the expected earnings of $1.64 per share by delivering $1.75, resulting in a surprise of +6.71% [13] - Over the past four quarters, Idex has consistently beaten consensus EPS estimates [14] Conclusion - While an earnings beat may influence stock movement, other factors can also play a significant role in stock performance [15] - Monitoring Earnings ESP and Zacks Rank is crucial for making informed investment decisions ahead of quarterly releases [16]
Idex (IEX) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-01 13:20
Group 1 - Idex reported quarterly earnings of $1.75 per share, exceeding the Zacks Consensus Estimate of $1.64 per share, but down from $1.88 per share a year ago, representing an earnings surprise of 6.71% [1] - The company achieved revenues of $814.3 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.36% and increasing from $800.5 million year-over-year [2] - Idex has outperformed consensus EPS estimates in all four quarters over the past year and has topped revenue estimates twice during the same period [2] Group 2 - The stock has underperformed the market, losing approximately 16.9% since the beginning of the year compared to the S&P 500's decline of 5.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the next quarter is $2.08 on revenues of $847.07 million, and for the current fiscal year, it is $8.03 on revenues of $3.38 billion [7] Group 3 - The Zacks Industry Rank indicates that the Manufacturing - General Industrial sector is in the bottom 42% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The correlation between near-term stock movements and earnings estimate revisions is strong, and investors can track these revisions or use tools like the Zacks Rank for guidance [5][6]