IDEX Corp rises after quarterly profit and revenue beat

IDEX

04/02/2026 16:24

** Shares of industrial equipment maker IDEX Corp IEX.N up 3% at $208.17 in morning trading

** Co beats Q4 profit and revenue estimates; however, forecasts annual profit below estimates, weighed down by poor demand for industrial equipment

** Expects 2026 adjusted EPS between $8.15 and $8.35, whose midpoint is below analysts' estimates of $8.31 apiece- data compiled by LSEG

** Q4 adjusted earnings of $2.10 per share, compared to $2.04 per share from a year ago

** Posts quarterly revenue rise of 4.2% to $899.1 million, vs estimates of $882.4 million

** Stock fell ~15% in 2025

 (Reporting by Koyena Das in Bengaluru)

 ((koyena.das@thomsonreuters.com))