IDEX Corp. (IEX) Tops Q2 EPS by 1c

IDEX Corp. (NYSE: IEX) reported Q2 EPS of $0.99, $0.01 better than the analyst estimate of $0.98. Revenue for the quarter came in at $549.7 million versus the consensus estimate of $544.95 million.

Orders of $529 million were up 5 percent (-2 percent organic, +8 percent acquisitions and -1 percent foreign currency translation) compared with the prior year period. Sales of $550 million were up 7 percent (-1 percent organic and +8 percent acquisitions) compared with the prior year period.

IDEX Corp. reaffirmed FY2016 guidance.

For earnings history and earnings-related data on IDEX Corp. (IEX) click here.

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