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IDEX (NYSE:IEX) Announces Quarterly Earnings Results, Beats Expectations By $0.21 EPS
['Ethan Ryder']
Ticker Report
The industrial products company reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.21, FiscalAI reports.
Organic sales grew 5%, adjusted EBITDA margin expanded 70 basis points to 28.1%, and adjusted EPS increased 12% to $2.32, excluding a $0.08 per-share benefit from IEEPA tariff refunds.
IDEX raised its 2026 outlook, now expecting 5%-6% organic growth, adjusted EBITDA margins of 27%-27.3%, and adjusted EPS of $8.70-$8.85, versus prior EPS guidance of $8.35-$8.55.
Full-year 2026 adjusted EPS guidance was set at $8.70–$8.85, above the $8.49 analyst consensus, while third-quarter guidance of $2.20–$2.25 also exceeded the $2.19 estimate.
Full-year 2026 adjusted EPS guidance was set at $8.70–$8.85, above the $8.49 analyst consensus, while third-quarter guidance of $2.20–$2.25 also exceeded the $2.19 estimate.