Idex Corp Expected To Post Earnings Of $1.97 A Share: Earnings Preview

IDEX

27/01/2023 23:37

* IDEX Corp  IEX.N   IEX  is expected to show a rise in
quarterly
revenue when it reports  results on January 30. 
    * The Northbrook Illinois-based  company is expected to
report  a
8.1% increase in revenue to $772.765 million from $714.8 million
a year ago, according to the mean estimate from 14 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for IDEX Corp is for
earnings
of $1.97 per share. The company's EPS guidance on October 25
2022, for the period ended December 31, was between $1.92 and
$1.97 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for IDEX Corp
is
$243​, above​ its last closing price of $238.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.98        2.00       2.14      Beat    6.9
 Jun. 30 2022  1.89        1.89       2.02      Beat    6.9
 Mar. 31 2022  1.74        1.74       1.96      Beat    12.4​
 Dec. 31 2021  1.58        1.58       1.55      Missed  -2
 ​​Sep.        1.57        1.59       1.63      Beat    2.4
 30 2021                                                
 Jun. 30 2021  1.62        1.62       1.61      Missed  -0.3​
 Mar. 31 2021  1.41        1.41       1.51      Beat    6.8
 Dec. 31 2020  1.32        1.31       1.37      Beat    4.8
 This summary was machine generated January 27 at 23:37 GMT.  All
figures in US dollars  unless otherwise stated