IDEX Corp. (IEX) Tops Q1 EPS by 7c, Offers Guidance

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Go back to IDEX Corp. (IEX) Tops Q1 EPS by 7c, Offers Guidance

IDEX Reports First Quarter Results; Delivers Q1 Operating Margin of 23.8 Percent and Record EPS of $1.44; Raises Full Year EPS Guidance

April 25, 2019 4:05 PM EDT

LAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended March31, 2019.

First Quarter 2019 Highlights

Orders were up 4 percent overall and 6 percent organically Sales were up 2 percent overall and 4 percent organically Operating margin was 23.8 percent, up 120 bps EPS was $1.44, up 12 percent

First Quarter 2019

Orders of $655.5 million were up 4 percent compared with the prior year period (+6 percent organic, +1... More