IDEX raises 2026 outlook as record sales grow 8% to $952M
FROM THE WIRE · SEEKINGALPHA.COM
* IDEX press release [https://seekingalpha.com/pr/20702991-idex-reports-record-third-quarter-results] (IEX [https://seekingalpha.com/symbol/IEX]): Q3 Non-GAAP EPS of $2.33 beats by $0.09. * Revenue of $952M (+8.3% Y/Y) beats by $17.62M. * FY2026 guidance: Organic sales growth of…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults beat estimates and guidance was raised, a positive factor for the industrial stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Q3 non-GAAP EPS was $2.33, beating estimates by $0.09.
- 02Revenue rose 8.3% to $952 million.
- 03Organic sales growth guidance for 2026 was raised to 6.5%-6.8%.
- 04Orders grew 13% to $991.2 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets