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Based in Northbrook, Illinois, IDEX Corporation (IEX) is a leading global manufacturer specializing in fluid and metering technologies, health and science technologies, and fire and safety products. With a market cap of $14.78 billion, IDEX is acclaimed for its diverse range of innovative products and solutions that enhance operational efficiency across various industries, including life sciences, industrial, and municipal markets. The company is set to announce its fiscal Q2 earnings results on Thursday, Aug. 1.
Ahead of the event, analysts expect IEX to report a profit of $2.04 per share, down 6.4% from $2.18 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.