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IDEX Corp. Reports Rise In Q4 Bottom Line

IDEX Corp. (IEX) reported earnings for its fourth quarter that rose compared to the same period last year.

The company said its bottom line came in at $86.89 million, or $1.12 per share. This was higher than $74.01 million, or $0.96 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.07 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.5% to $585.90 million. This was up from $530.42 million last year.

IDEX Corp. earnings at a glance:

-Earnings (Q4): $86.89 Mln. vs. $74.01 Mln. last year.
-Earnings Growth (Y-o-Y): 17.4%
-EPS (Q4): $1.12 vs. $0.96 last year.
-EPS Growth (Y-o-Y): 16.7%
-Analysts Estimate: $1.07
-Revenue (Q4): $585.90 Mln vs. $530.42 Mln last year.
-Revenue Change (Y-o-Y): 10.5%

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