Brief: Idex Reports Strong Q4 And Record Full Year 2022 Results

IDEX

31/01/2023 23:12

Jan 31 (Reuters) - Idex Corp  IEX.N :
    * IDEX REPORTS STRONG FOURTH QUARTER AND RECORD FULL YEAR
2022
RESULTS
    * QTRLY EPS OF $1.71
    * QTRLY ADJUSTED EPS OF $2.01
    * QTRLY SALES OF $810.7 MILLION
    * SEES FY 2023 ORGANIC SALES GROWTH TO BE 1 TO 5 PERCENT,
WITH
GAAP EPS OF $7.55 TO $7.85
    * SEES FULL YEAR 2023 ORGANIC SALES GROWTH IS PROJECTED TO
BE 1 TO
5 PERCENT, WITH GAAP EPS OF $7.55 TO $7.85
    * SEES Q1 2023 ORGANIC SALES GROWTH IS PROJECTED TO BE 3 TO
5
PERCENT, WITH GAAP EPS OF $1.74 TO $1.79
    * Q4 EARNINGS PER SHARE VIEW $1.98, REVENUE VIEW $773.1
MILLION --
REFINITIV IBES DATA
    * Q1 EARNINGS PER SHARE VIEW $2.11, REVENUE VIEW $803.1
MILLION --
REFINITIV IBES DATA
    * SEES FY 2023 ADJUSTED EPS OF $8.50 TO $8.80
    * SEES 2023 Q1 ADJUSTED EPS OF $1.98 TO $2.03
    * FY2023 EARNINGS PER SHARE VIEW $8.63, REVENUE VIEW $3.34
BILLION
-- REFINITIV IBES DATA
    * Q1 2023 RESULTS GUIDE REFLECTS SPECIFIC SHORT-TERM
PRESSURE
DRIVEN BY OEM SHIPMENT DELAYS, RECOGNITION TIMING OF SHARE-BASED
COMPENSATION

Source text for Eikon:  ID:nBwbPlRQga 
Further company coverage:  IEX.N 
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