IDEX Corp. (IEX) Tops Q3 EPS by 10c, Revenues Beat; Boosts FY18 EPS Outlook
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IDEX Reports Record Third Quarter Results; Q3 Sales up 8 Percent Overall and 9 Percent Organically; Q3 Reported EPS Was $1.37 with Adjusted EPS of $1.41
October 23, 2018 4:05 PM EDTLAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended September30, 2018.
Third Quarter 2018 Highlights
Orders were up 7 percent overall and 8 percent organically Sales were up 8 percent overall and 9 percent organically Reported operating margin was 23.3 percent with adjusted operating margin of 24.0 percent, up 200 bps Reported EPS was $1.37 with adjusted EPS of $1.41, up 31 percentThird Quarter 2018
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