IDEX Corp. (IEX) Reports In-Line Q2 EPS

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Go back to IDEX Corp. (IEX) Reports In-Line Q2 EPS

IDEX Reports Second Quarter EPS of 89 Cents and Reaffirms Full Year EPS Guidance of $3.50 – $3.60

July 22, 2015 4:33 PM EDT

LAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended June 30, 2015.

Second Quarter 2015 Highlights

EPS of 89 cents with operating margin of 21.3 percent Free cash flow of $86 million was 124 percent of net income Repurchased 661 thousand shares of common stock for $51 million Completed the acquisitions of Novotema and Alfa Valvole in the second quarter, and the acquisition of CiDRA Precision Services on July 1, 2015... More