IDEX Corporation (IEX) Releases Earnings Results, Reports EPS of $0.92 EPS

IDEX Corporation (IEX) announced its most recent quarterly financial results on Monday, Oct-17-2016. IEX reported $0.92 EPS for the quarter. Analysts had a consensus estimate of $0.92. The company posted revenue of $530.36 million in the period, compared to analysts expectations of $538.34 million. IEX’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS.

IDEX Corporation closed down -0.04 points or -0.05% at $86.41 with 3,76,349 shares getting traded on Friday. Post opening the session at $87.07, the shares hit an intraday low of $86.16 and an intraday high of $87.17 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Aug 10, 2016, Andrew K Silvernail (CHAIRMAN AND CEO) sold 6,575 shares at $91.34 per share price. According to the SEC, on Aug 3, 2016, Gregory F Milzcik (director) sold 4,830 shares at $90.00 per share price. On Jun 2, 2016, Daniel J Salliotte (SVP-Mergers/Acp & Treasury) sold 4,000 shares at $83.27 per share price, according to the Form-4 filing with the securities and exchange commission.

IDEX Corporation is an applied solutions business that sells pumps flow meters and other fluidics systems and components and engineered products. The Company’s products include industrial pumps compressors flow meters injectors and valves and related controls for use in process applications; precision fluidics solutions including pumps valves degassing equipment corrective tubing fittings complex manifolds precision photonic solutions optical filters and specialty medical equipment and devices used in life science applications. The Company operates in three segments: Fluid & Metering Technologies (FMT) which designs produces and distributes positive displacement pumps flow meters and injectors; Health & Science Technologies (HST) which designs produces and distributes precision fluidics and rotary lobe pumps and Fire & Safety/Diversified Products (FSDP) which produces firefighting pumps and controls rescue tools.

IDEX Corporation

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