Recap: IDEX Q4 Earnings


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.


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).


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.

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Posted In: EarningsBZI-Recaps
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