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Barchart
Barchart
Aditya Sarawgi

What You Need To Know Ahead of IDEX's Earnings Release

iDEX IEX

Northbrook, Illinois-based IDEX Corporation (IEX) is an applied solutions company specializing in a range of applications such as fluid and metering technologies, health and science technologies, and fire, safety, and other products. With a market cap of $13.8 billion, IDEX operations span the Americas, Europe, and the Indo-Pacific.

The industrial major is expected to release its Q2 results after the market closes on Wednesday, Jul. 30. Ahead of the event, analysts expect IEX to deliver a profit of $1.99 per share, down 3.4% from $2.06 per share reported in the year-ago quarter. On a positive note, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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