IDEX Q3 2024 Adj EPS $1.90 Beats $1.88 Estimate, Sales $798.20M Beat $791.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
IDEX Corporation (NYSE:IEX) reported better-than-expected Q3 2024 earnings, with an adjusted EPS of $1.90 beating the $1.88 estimate and sales of $798.20 million surpassing the $791.57 million estimate.
October 29, 2024 | 8:31 pm
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IDEX Corporation reported Q3 2024 earnings that exceeded analyst expectations, with an EPS of $1.90 and sales of $798.20 million, both surpassing estimates.
IDEX's earnings and sales both exceeded analyst estimates, which is typically a positive indicator for the stock price. The beat on both EPS and sales suggests strong operational performance, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
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