IDEX (IEX) Q4 Earnings Preview: Key Metrics to Watch
Manufacturing company IDEX (NYSE: IEX) is set to report fourth-quarter earnings after market hours tomorrow. Here's what analysts expect:
Revenue: $868.1 million (10% YoY growth)
Adjusted Earnings: $2.03 per share
Key Metrics:
- Revenue: IDEX has missed Wall Street's estimates six times in the past two years.
- Peers: Standex reported 6.4% revenue growth in Q4, while Parker-Hannifin posted a 1.6% decline.
- Investor Sentiment: Share prices in the gas and liquid handling segment have remained relatively flat over the last month.
- Analyst Price Target: $235.38 (compared to the current price of $224.31)