WASHINGTON (dpa-AFX) - IDEX Corp. (IEX) released earnings for its third quarter that rose compared to the same period last year.
The company said its bottom line totaled $83.77 million, or $1.08 per share. This was higher than $70.47 million, or $0.92 per share, in last year's third quarter.
Analysts had expected the company to earn $1.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 8.3% to $574.49 million. This was up from $530.36 million last year.
IDEX Corp. earnings at a glance:
-Earnings (Q3): $83.77 Mln. vs. $70.47 Mln. last year. -Earnings Growth (Y-o-Y): 18.9% -EPS (Q3): $1.08 vs. $0.92 last year. -EPS Growth (Y-o-Y): 17.4% -Analysts Estimate: $1.06 -Revenue (Q3): $574.49 Mln vs. $530.36 Mln last year. -Revenue Change (Y-o-Y): 8.3%
-Guidance: Next quarter EPS guidance: $1.06 - $1.08 Full year EPS guidance: $4.25 - $4.27
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