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IDEX (NYSE:IEX) Posts Earnings Results
['Tristan Rich']
Markets Daily
IDEX (NYSE:IEX – Get Free Report) announced its earnings results on Wednesday.
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.
IDEX Stock PerformanceShares of NYSE:IEX traded up $4.41 during midday trading on Thursday, reaching $233.93.
Robert W. Baird set a $257.00 price objective on shares of IDEX in a research note on Thursday, April 30th.