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IDEX Corp. Q4 adjusted earnings Beat Estimates

IDEX Corp. (IEX) revealed earnings for its fourth quarter that rose from the same period last year.

The company's bottom line totaled $98.14 million, or $1.27 per share. This compares with $93.75 million, or $1.21 per share, in last year's fourth quarter.

Excluding items, IDEX Corp. reported adjusted earnings of $100.94 million or $1.31 per share for the period.

Analysts had expected the company to earn $1.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.8% to $614.09 million from $585.90 million last year.

IDEX Corp. earnings at a glance:

-Earnings (Q4): $100.94 Mln. vs. $86.89 Mln. last year.
-EPS (Q4): $1.31 vs. $1.12 last year.
-Analysts Estimate: $1.27
-Revenue (Q4): $614.09 Mln vs. $585.90 Mln last year.

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