IDEX Corp. (IEX) Misses Q4 EPS by 2c, Revenue Beats

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Go back to IDEX Corp. (IEX) Misses Q4 EPS by 2c, Revenue Beats

IDEX Reports Fourth Quarter and Record Full Year 2019 Results

January 29, 2020 4:40 PM EST

LAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three- and twelve- month periods ended December 31, 2019.

Full Year 2019 Highlights

Reported operating margin was 23.2 percent with adjusted operating margin of 24.2 percent, up 80 bps Reported EPS was $5.56 with adjusted EPS of $5.80, up 7 percent Free cash flow was a record of $477.2 million, up 13 percent Acquired the stock of Velcora Holding AB and its operating subsidiaries, Roplan and Steridose in July... More