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Northbrook, Illinois-based IDEX Corporation (IEX) offers applied solutions globally. Valued at $15.7 billion by market cap, the company has a diverse portfolio of over 50 businesses, offering products like industrial pumps, lubrication systems, banding and clamping devices, and rescue tools. The leading applied solutions provider is expected to announce its fiscal fourth-quarter earnings for 2024 after the market closes on Tuesday, Feb. 4.
Ahead of the event, analysts expect IEX to report a profit of $2.03 per share on a diluted basis, up 10.9% from $1.83 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.