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IDEX Corp. Q2 Profit Climbs

IDEX Corp. (IEX) released earnings for its second quarter that advanced from the same period last year.

The company's profit totaled $107.13 million, or $1.38 per share. This compares with $83.84 million, or $1.08 per share, in last year's second quarter.

Analysts had expected the company to earn $1.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.6% to $634.36 million from $573.37 million last year.

IDEX Corp. earnings at a glance:

-Earnings (Q2): $107.13 Mln. vs. $83.84 Mln. last year.
-EPS (Q2): $1.38 vs. $1.08 last year.
-Analysts Estimate: $1.31
-Revenue (Q2): $634.36 Mln vs. $573.37 Mln last year.

Full year EPS guidance: $5.27 - $5.35

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