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Idex Corp Reports Results For The Quarter Ended June 30: Earnings Summary

IDEX Corp IEX.N reported quarterly adjusted earnings of $2.07​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.06.  The mean expectation of ten analysts for the quarter was for earnings of $1.99 per share. Wall Street expected results to range from $1.92  to $2.03 per share.

Revenue rose 7.2% to $865.40 million from a year ago; analysts expected $858.69 million.

IDEX Corp's reported EPS for the quarter was $1.74​.

The company reported quarterly net income of $131.6 million.

IDEX Corp shares had risen by 5.5% this quarter and lost 11.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5.2% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for IDEX Corp is $215.50, about 14.1% above its last closing price of $185.18

This summary was machine generated from LSEG data July 30 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.992.07Beat
Mar. 31 20251.631.75Beat
Dec. 31 20242.022.04Beat
Sep. 30 20241.881.90Beat

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