UPDATE: IDEX Corp. (IEX) Reports In-Line Q3 EPS; Issues Light Q4 EPS Outlook
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IDEX Reports Third Quarter Adjusted EPS of 89 Cents with Full Year Adjusted EPS Guidance of $3.50 -- $3.53
October 19, 2015 4:50 PM EDTLAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended September 30, 2015.
Third Quarter 2015 Highlights
Adjusted EPS of 89 cents with adjusted operating margin of 21.5 percent Free cash flow of $105 million was 132 percent of net income Repurchased 911 thousand shares of common stock for $66 million Restructuring actions resulted in a pre-tax charge of $4.7 million, or 4 cents of EPS Ismatec business sold for a pre-tax gain of $18.1... More