IDEX Corp. (IEX) Tops Q1 EPS by 10c, Offers Guidance
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IDEX Reports First Quarter Results; Raises Full Year Guidance; Q1 Orders and Sales up 10 Percent Overall and 6 Percent Organically; Q1 Reported EPS Was $1.48 With Adjusted EPS Of $1.51
April 27, 2021 4:35 PM EDTNORTHBROOK, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended March 31, 2021.
First Quarter 2021 Highlights
Record orders and sales were up 10 percent overall and 6 percent organically compared to Q1 2020 Reported operating margin was 23.9 percent with adjusted operating margin of 24.3 percent Reported EPS was $1.48 with adjusted EPS of $1.51 Record Q1 cash from operations of $109.3 million led to record Q1 free cash flow of $94.7 million Full year adjusted EPS... More