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IDEX (NYSE:IEX) Issues Quarterly Earnings Results
['Tyrone Williams']
Daily Political
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.
IDEX Stock PerformanceShares of NYSE:IEX traded up $6.35 during midday trading on Wednesday, hitting $231.00.
IDEX quarterly earnings reportIDEX reported adjusted earnings of $2.32 per share, above the $2.11 consensus estimate and up from $2.07 a year earlier.
According to MarketBeat, IDEX presently has a consensus rating of “Moderate Buy” and a consensus price target of $244.00.
IDEX Company Profile(Get Free Report)IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions.