IEX / IDEX (IEX) Q3 Earnings Beat Estimates, Revenues Down Y/Y

IDEX Corporation (NYSE:IEX ) Q3 2023 Results Conference Call October 26, 2023 10:30 AM ET Company Participants Allison Lausas - Interim CFO & CAO Eric more_horizontal

IDEX's (IEX) third-quarter 2023 revenues decrease 3.7% due to lower sales in the Fluid & Metering Technologies and Health & Science Technologies segme more_horizontal

Weakness in the HST segment, escalating cost of sales, rising selling, general and administrative expenses and forex woes are likely to hurt IDEX's (I more_horizontal

IDEX is a well-diversified industrial equipment manufacturer benefiting from industrial 4.0 trends. The company's growth is driven by organic expansio more_horizontal

NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) announced today that it has scheduled the broadcast of the company's third quarter earn more_horizontal

Investors looking for stocks in the Manufacturing - General Industrial sector might want to consider either Standex International (SXI) or Idex (IEX). more_horizontal

Increasing costs, forex woes and weakness in the HST segment due to inventory destocking in the biopharma and semiconductor end markets are weighing o more_horizontal

Investors interested in Manufacturing - General Industrial stocks are likely familiar with Standex International (SXI) and Idex (IEX). But which of th more_horizontal