IDEX Corporation Faces Mixed Earnings Outlook Ahead of Report

IDEX Corporation is set to unveil its fiscal Q4 earnings. Analysts anticipate a profit increase per share but a slight overall EPS decline for the year. This balance could lead to mixed investor sentiment.

Date: 10-01-2025

AI Rating: 6

Earnings Per Share (EPS)
IEX is expected to report an adjusted EPS of $2.03 for Q4, marking a substantial increase of 10.9% from the $1.83 reported in the same quarter last year. However, the full-year EPS is projected to decline by 4% to $7.89 from last year's $8.22. Despite the anticipated dip for 2024, EPS is forecasted to recover, with an increase of 7.4% expected in fiscal 2025, reaching $8.47.

Revenue Growth
In its most recent Q3 report, IEX's revenue was $798.2 million, exceeding expectations of $791 million. This positive growth indicates strong sales performance, which is critical for supporting future earnings growth, particularly as stagnation in core demand has been noted as an issue for the company's stock performance.

Market Performance
IEX has underperformed relative to the S&P 500 and the Industrial Select Sector over the past year. With a decline of 1%, this could deter potential investors, particularly those comparing it against sector benchmarks, which show positive growth gains.

Investor Sentiment
Despite mixed financial projections, analyst ratings for IEX remain moderately bullish, with an overall “Moderate Buy” indication. The average price target of $237.20 suggests a potential upside of 13.6%, which may attract investors looking for future gains, especially given consistent EPS beats in recent quarters. However, underlying concerns about stagnant demand must also be considered.

Stocks: IEX