IDEX Corp. (IEX) announced third quarter net income of $29.8 million or $0.37 per share, compared to $19.9 million or $0.24 per share in the same period last year. Excluding the impact of restructuring related charges, third quarter adjusted earnings per share was $0.39.
On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $0.35 per share. Analysts' estimates typically exclude special items.
Net sales for the period were $323.2 million, compared to $365.2 million in the prior year period. Eight Wall Street analysts expected revenues of $323.57 million.
Looking forward, for the fourth quarter, the company expects earnings per share in the range of $0.35 to $0.37. Street analysts expect earnings of $0.36 per share.
For the full year, the company still expects organic revenue to decline approximately 15%. Adjusted earnings per share are now estimated to range from $1.44 to $1.46, compared to its earlier forecast in the range of $1.35 to $1.45. Street analysts expect earnings of $1.41 per share.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.