Idex Corp Reports Results For The Quarter Ended March 31: Earnings Summary

IDEX

01/05/2025 14:31

IDEX Corp IEX.N reported quarterly adjusted earnings of $1.75​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.88.  The mean expectation of ten analysts for the quarter was for earnings of $1.63 per share. Wall Street expected results to range from $1.60  to $1.68 per share.

Revenue rose 1.7% to $814.30 million from a year ago; analysts expected $807.19 million.

IDEX Corp's reported EPS for the quarter was $1.26​.

The company reported quarterly net income of $95.5 million.

IDEX Corp shares had fallen by 3.9% this quarter and lost 16.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 19.6% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

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 $215.56

This summary was machine generated from LSEG data May 1 at 01:31 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
1.63
1.75
Beat
Dec. 31 2024
2.02
2.04
Beat
Sep. 30 2024
1.88
1.90
Beat
Jun. 30 2024
2.04
2.06
Beat