IDEX IEX reported its Q4 earnings results on Tuesday, February 6, 2024 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
IDEX beat estimated earnings by 2.81%, reporting an EPS of $1.83 versus an estimate of $1.78.
Revenue was down $21.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 3.32% increase in the share price the next day.
Here's a look at IDEX's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 1.89 | 2.11 | 2.02 | 1.97 |
EPS Actual | 2.12 | 2.18 | 2.09 | 2.01 |
Revenue Estimate | 794.50M | 851.42M | 818.55M | 773.14M |
Revenue Actual | 793.40M | 846.20M | 845.40M | 810.70M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
IDEX management provided guidance for Q1 2024, expecting earnings between $1.7 and $1.75 per share.
To track all earnings releases for IDEX visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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