IDEX: Q1 Earnings Insights

IDEX IEX reported its Q1 earnings results on Tuesday, April 26, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

IDEX beat estimated earnings by 12.64%, reporting an EPS of $1.96 versus an estimate of $1.74.

Revenue was up $99.06 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 4.5% drop in the share price the next day.

Here's a look at IDEX's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.58	1.59	1.61	1.41
EPS Actual	1.55	1.63	1.61	1.51
Revenue Estimate	708.52M	697.44M	685.88M	634.85M
Revenue Actual	714.80M	712.02M	685.95M	652.04M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

IDEX management provided guidance for Q2 2022, expecting earnings between $1.85 and $1.9 per share.

To track all earnings releases for IDEX visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar