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Barchart
Barchart
Aditya Sarawgi

MYSTERIOUS: Idex earnings preview what to expect - You Need To See This

iDEX

Northbrook, Illinois-based IDEX Corporation (IEX) is an applied solutions company specializing in a range of applications such as fluid and metering technologies, health and science technologies, and fire, safety, and other products. With a market cap of $12.3 billion, IDEX’s operations span the Americas, Europe, and the Indo-Pacific.

The industrial major is gearing up to release its Q3 results before the market opens on Wednesday, Oct. 29. Ahead of the event, analysts expect IDEX to report an adjusted profit of $1.93 per share, up a modest 1.6% from $1.90 per share reported in the year-ago quarter. On a more positive note, the company has consistently surpassed Wall Street’s bottom-line projections in each of the past four quarters.

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