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.
IEX gains from solid momentum across the FSDP and FMT segments, accretive acquisitions and shareholder-friendly policies.
Idex (IEX) reported earnings 30 days ago. What's next for the stock?
IDEX Corporation (NYSE:IEX ) Q3 2024 Earnings Conference Call October 30, 2024 10:30 AM ET Company Participants Wendy Palacios - Vice President, Investor Relations, FP&A Eric Ashleman - Chief Executive Officer & President Abhi Khandelwal - Senior Vice President & Chief Financial Officer Conference Call Participants Deane Dray - RBC Capital Markets Nathan Jones - Stifel Mike Halloran - Baird Vlad Bystricky - Citigroup Jeff Sprague - Vertical Research Partners Andrew Buscaglia - BNP Paribas Brett Linzey - Mizuho Joe Giordano - TD Cowen Rob Wertheimer - Melius Research Operator Greetings, and welcome to the Third Quarter 2024 IDEX Corporation Earnings Conference Call. At this time, all participants are in a listen-only mode.
Strength in the Fire & Safety/Diversified Products segment aids IEX's third-quarter results.
Although the revenue and EPS for Idex (IEX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.