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Barchart
Kritika Sarmah

RARE PHOTOS: What to expect from idex s next quarterly earnings report | Rare Historical Photos

IEX

With a market cap of $12.3 billion, IDEX Corporation (IEX) provides applied solutions worldwide. Founded in 1987, the Northbrook, Illinois-based company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The company is expected to announce its fiscal Q1 earnings results on Tuesday, Apr. 22.

Ahead of this event, analysts project the company to report a profit of $1.64 per share, down 12.8% from $1.88 per share in the year-ago quarter. The company has beaten Wall Street's EPS estimates in all of the last four quarters, which is impressive. In the fourth quarter, IEX reported EPS of $2.04, surpassing consensus estimates marginally.

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