Idex (IEX) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.88 per share a year ago.
IDEX Corporation's stock has fallen 19.3% since last July, but I still rate it a 'hold' due to its high valuation. Revenue and profitability metrics for IDEX have been volatile, with mixed results across its three main business segments. Management's 2025 guidance suggests modest revenue growth and improved earnings, but economic uncertainty and potential tariff impacts remain concerns.
Idex (IEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Idex (IEX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
IEX benefits from strength in its Fluid & Metering Technologies segment, acquisitions and shareholder-friendly policies. However, rising costs and expenses are concerning.
IEX gains from strength across its Fluid & Metering segment, acquired businesses and shareholder-friendly policies. However, rising operating expenses are concerning.
Strength in the Fire & Safety/Diversified Products segment aids IEX's fourth-quarter results.
IDEX Corporation (NYSE:IEX ) Q4 2024 Earnings Conference Call February 5, 2025 10:30 AM ET Company Participants Wendy Palacios - Vice President, Investor Relations, FP&A Eric Ashleman - Chief Executive Officer & President Abhishek Khandelwal - Senior Vice President & Chief Financial Officer Conference Call Participants Mike Halloran - Baird Vlad Bystricky - Citigroup Nathan Jones - Stifel Deane Dray - RBC Capital Markets Joe Giordano - TD Cowen Brett Linzey - Mizuho Rob Wertheimer - Melius Research Operator Greetings, and welcome to the IDEX Corporation Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
While the top- and bottom-line numbers for Idex (IEX) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Idex (IEX) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.83 per share a year ago.
Strength in the FMT and FSDP segments and accretive acquisitions are likely to aid IEX's fourth-quarter results.
IEX is set to benefit from solid momentum across its FSDP & FMT segments. However, increasing expenses remain a concern.