Idex Corp Expected To Post Earnings Of $2.02 A Share: Earnings Preview

IDEX

24/04/2023 23:31

* IDEX Corp  IEX.N   IEX  is expected to show a rise in
quarterly
revenue when it reports  results on April 26. 
    * The Northbrook Illinois-based  company is expected to
report  a
9.0% increase in revenue to $818.549 million from $751.1 million
a year ago, according to the mean estimate from 12 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for IDEX Corp is for
earnings
of $2.02 per share. The company's EPS guidance on January 31
2023, for the period ended March 31, was between $1.98 and
$2.03 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for IDEX Corp
is
$245.5​, above​ its last closing price of $218.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  2.00        1.98       2.01      Beat    1.7
 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.        1.58        1.58       1.55      Missed  -2
 31 2021                                                
 Sep. 30 2021  1.57        1.59       1.63      Beat    2.4​
 Jun. 30 2021  1.62        1.62       1.61      Missed  -0.3
 Mar. 31 2021  1.41        1.41       1.51      Beat    6.8
 This summary was machine generated April 24 at 22:31 GMT.  All
figures in US dollars  unless otherwise stated