IDEX Corp Raises 2026 Outlook Following Q3 Revenue and EPS Beat
IDEX Corp (IEX) reported strong third-quarter financial results, characterized by a non-GAAP earnings per share of $2.33, which exceeded analyst expectations by $0.09. The company's quarterly revenue reached $952 million, representing an 8.3% year-over-year increase and beating consensus estimates by over $17 million. Driven by this performance, IDEX has raised its full-year 2026 guidance. The company now expects organic sales growth between 6.5% and 6.8%, up from the previous projection of 5% to 6%. Additionally, adjusted diluted EPS is now forecasted at $8.91–$8.96, surpassing both prior guidance and market consensus.
Tickers: $IEX