IDEX Corp. (IEX) Tops Q2 EPS by 13c, Offers Guidance
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IDEX Reports Strong Second Quarter Results
July 26, 2022 4:35 PM EDTSecond Quarter 2022 Highlights
Reported EPS of $1.81, up 35% and record adjusted EPS of $2.02, up 15% vs. Q2 2021 Orders of $839 million, up 12% overall and 7% organically vs. Q2 2021 Record sales of $796 million, up 16% overall and 12% organically vs. Q2 2021 Reported operating margin of 23.4%, up 30 basis points vs. Q2 2021 Completed acquisition of KZValve on May 2, 2022 Full year GAAP EPS guidance raised to $7.19 to $7.29 from prior guidance of $6.87 to $7.00 Full year adjusted EPS guidance raised to $7.88 to $7.98 from prior guidance of $7.50 to $7.63NORTHBROOK, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE:... More
