IDEX Corp. (IEX) Tops Q4 EPS by 4c
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IDEX Reports Record Fourth Quarter and Full Year 2018 Results; Q4 Sales up 5 Percent Overall and Organically; Q4 Reported EPS Was $1.27 with Adjusted EPS of $1.31
January 29, 2019 4:30 PM ESTLAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three- and twelve- month periods ended December31, 2018.
Full Year 2018 Highlights
Orders were up 7 percent overall and 6 percent organically Sales were up 9 percent overall and 8 percent organically Reported operating margin was 22.9 percent with adjusted operating margin of 23.4 percent, up 150 bps Reported EPS was $5.29 with adjusted EPS of $5.41, up 26 percent Repurchased 1.3 million shares of common stock for $174 million... More