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

IDEX

27/07/2023 03:46

* IDEX Corp  IEX.N  reported quarterly adjusted earnings of
$2.18​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of $2.11 per share.
    * Revenue rose 6.3% to $846.20 million from a year ago;
analysts
expected $851.40 million. 
    * IDEX Corp's reported EPS for the quarter was $1.83​.
    * The mean earnings estimate of analysts had fallen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * IDEX Corp shares had fallen by 2.2% this quarter and
lost 7.8%
so far this year.
    * The company reported quarterly net income of $138.6
million.
    * Wall Street's median 12-month price target for IDEX Corp
is
$230.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:46 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.11           2.18           Beat
 Mar. 31 2023      2.02           2.09           Beat
 Dec. 31 2022      1.98           2.01           Beat
 Sep. 30 2022      2.00           2.14           Beat