Idex Corp Reports Results For The Quarter Ended In December: Earnings Summary

IDEX

31/01/2023 23:00

* IDEX Corp  IEX.N  reported quarterly adjusted earnings of
$2.01​​ per share for the quarter ended in December. The mean
expectation of fifteen analysts for the quarter was for earnings
of $1.98 per share.
    * Revenue rose 13.4% to $810.70 million from a year ago;
analysts
expected $773.14 million. 
    * IDEX Corp's reported EPS for the quarter was $1.71​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * IDEX Corp shares had risen by 2.0% this quarter.
    * The company reported quarterly net income of $130 million.
    * Wall Street's median 12-month price target for IDEX Corp
is
$242.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
31 at 10:59 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.98           2.01           Beat
 Sep. 30 2022      2.00           2.14           Beat
 Jun. 30 2022      1.89           2.02           Beat
 Mar. 31 2022      1.74           1.96           Beat