Idex Corp. announces Q3 adjusted earnings per share of $2.03, surpassing consensus estimate of $1.93.
Q3 Revenue Performance: IDEX reported Q3 revenue of $878.7 million, surpassing the consensus estimate of $861.54 million.
CEO's Statement: Eric Ashleman, CEO of IDEX Corp, highlighted the company's strong execution in a challenging macroeconomic environment and emphasized their focus on controllable factors to drive growth.
Collaboration and Growth: The company is effectively collaborating across its businesses to support its fastest-growing customers, which is reflected in their strong results.
Future Outlook: IDEX is positioned to meet its targets for the second half of 2025, as indicated by their current performance and strategic approach.
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IDEX Corporation to Release Q4 2026 Results on February 4, 2026
- Earnings Release Schedule: IDEX Corporation is set to announce its fourth quarter 2026 financial results on February 4, 2026, prior to market open, reflecting its ongoing performance in the global engineered products sector.
- Investor Conference Call: An investor conference call will take place at 8:00 a.m. (CT) on the same day, hosted by CEO Eric Ashleman and CFO Sean Gillen, aimed at updating investors on the company's latest developments.
- Webcast Availability: The event and associated earnings presentation will be available via webcast in listen-only mode on the company's Investor Relations site, ensuring investors can access real-time information.
- Replay Feature: A replay of the earnings call will be available on the company's website after the call concludes, allowing investors who could not participate live to review the meeting content.
BNP Paribas Analyst: IDEX's New CFO is Crucial for Investors
IDEX Appoints New CFO: IDEX has appointed Sean Gillen as senior vice president and chief financial officer, filling a key vacancy that had been affecting investor sentiment since the previous CFO's departure in May.
Gillen's Background and Experience: Gillen joins IDEX from AAR, where he served as CFO for seven years, overseeing significant earnings growth and successful acquisitions, which aligns with IDEX's current focus on capital allocation and portfolio management.
