Company Overview - IDEX Corporation (IEX) is a global leader in applied solutions, engineering and manufacturing critical components for essential industrial functions, with a market capitalization of approximately $13.4 billion [1] Earnings Expectations - The upcoming fiscal 2025 fourth-quarter earnings release is scheduled for February 3, with Wall Street expecting diluted EPS of $2.04, unchanged from the previous year [2] - Analysts project fiscal 2025 diluted EPS to remain at $7.89, with a forecasted increase of 5.3% for fiscal year 2026, raising EPS to $8.31 [2] Stock Performance - IEX stock has underperformed compared to broader benchmarks, declining 12.7% over the past 52 weeks, while showing a slight increase of 1.6% year-to-date [3] - In contrast, the S&P 500 Index rose by 16.2% over the same period, and the State Street Industrial Select Sector SPDR ETF (XLI) increased by 20.4% in the last year [3] Recent Financial Results - IDEX reported a significant positive catalyst on October 29, 2025, with a 3.9% intraday stock jump following its fiscal Q3 2025 earnings release [4] - Revenue for the quarter increased by 10.1% year-over-year to $878.7 million, surpassing analyst estimates of $861.1 million [4] - Adjusted EPS rose by 6.8% from the previous year to $2.03, exceeding expectations of $1.93 [4] Management Insights - Management attributed the strong performance to momentum in Health & Science Technologies and solid demand from data centers, municipal water projects, and pharmaceutical customers [5] - CEO Eric Ashleman highlighted the "8020 philosophy," which has sharpened operational focus, accelerated acquisition integration, and enhanced contributions from material science and intelligent water platforms [5]