IDEX Corp (IEX) PT Raised to $120 at Cowen on Model Update
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IDEX Corp. (IEX) Tops Q1 EPS by 5c, Beats on Revenues; Offers FY18 EPS Guidace Above Consensus
January 29, 2018 5:35 PM ESTIDEX Corp. (NYSE: IEX) reported Q1 EPS of $1.12, $0.05 better than the analyst estimate of $1.07. Revenue for the quarter came in at $585.9 million versus the consensus estimate of $573.48 million.
GUIDANCE:
IDEX Corp. sees FY2018 EPS of $4.90-$5.10, versus the consensus of $4.76.
Fourth Quarter 2017
Orders of $603.0 million were up 10 percent compared with the prior year period (+9 percent organic, -1 percent acquisition/divestitures and +2 percent foreign currency translation).Sales of $585.9 million were up 10 percent compared with the prior year period (+9 percent organic, -1 percent acquisition/divestitures and +2 percent... More