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Idex Corporation - IEX STOCK NEWS

Welcome to our dedicated news page for Idex Corporation (Ticker: IEX), a resource for investors and traders seeking the latest updates and insights on Idex Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Idex Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Idex Corporation's position in the market.

Rhea-AI Summary
IDEX (NYSE:IEX) is set to broadcast its first quarter earnings conference call on April 24, 2024, featuring discussions on financial performance by the CEO and CFO. Interested investors can access the call and presentation slides on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
conferences earnings
-
Rhea-AI Summary
IDEX Corporation (NYSE: IEX) reported a 3% decrease in sales for the fourth quarter of 2023, with diluted EPS down 16%. However, strong operating cash flow and free cash flow increased by 20% and 22% respectively. The company completed the acquisition of STC Material Solutions for $202 million and invested approximately $425 million for acquisitions, capital projects, and share repurchases. The 2024 outlook projects a 0% to 2% organic sales growth with GAAP diluted EPS of $7.15 to $7.45 (adjusted diluted EPS of $8.15 to $8.45).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
earnings
-
News
Rhea-AI Summary
Artemis, an Industrial Tech Private Equity firm, successfully sold its portfolio company, STC Material Solutions, to IDEX Corporation (NYSE: IEX). STC is an advanced materials manufacturer based in St. Albans, VT, delivering unique advanced material solutions to Aerospace, Defense, Medical, and Semiconductor markets. Under Artemis ownership, STC experienced transformational growth, attributing its success to the right strategy and a committed, passionate, and technically exceptional team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
none
Rhea-AI Summary
IDEX Corporation (NYSE:IEX) has announced the schedule for its fourth quarter earnings conference call on February 7, 2024. CEO Eric Ashleman and CFO Abhi Khandelwal will discuss the company's financial performance and answer questions from the financial community. Interested investors can listen to the call and view presentation slides on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
conferences earnings
-
Rhea-AI Summary
IDEX Corporation (NYSE:IEX) completed the acquisition of STC Material Solutions, an integrated provider of advanced material science solutions specializing in technical ceramics and hermetic sealing products. The $206 million USD acquisition expands IDEX's material science expertise and provides opportunities for collaboration with other critical components businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.92%
Tags
acquisition
-
Rhea-AI Summary
IDEX CORPORATION (NYSE:IEX) announces 117th consecutive regular quarterly cash dividend of $0.64 per common share, payable on January 26, 2024, to shareholders of record as of January 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
dividends
Rhea-AI Summary
IDEX Corporation has entered into a definitive agreement to acquire STC Material Solutions for $206 million USD. STC specializes in advanced material science solutions and has relationships with leading manufacturers in various sectors. The acquisition is expected to close by late-2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
Tags
acquisition
-
Rhea-AI Summary
IDEX Corporation appoints Abhi Khandelwal as Senior Vice President and Chief Financial Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
Tags
none
-
Rhea-AI Summary
IDEX Corporation reports third quarter 2023 financial results, including a 4% decrease in sales and a 17% increase in diluted EPS. The company divested Micropump, Inc. for $110 million, resulting in a gain of $71 million. Full-year EPS guidance raised.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
Tags
earnings
Rhea-AI Summary
IDEX Corporation (NYSE:IEX) has scheduled its third quarter earnings conference call for October 26, 2023 at 9:30 a.m. CT. CEO Eric Ashleman and Interim CFO Allison Lausas will discuss the company's financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.78%
Tags
conferences earnings
Idex Corporation

NYSE:IEX

IEX Rankings

IEX Stock Data

18.54B
75.44M
0.22%
101.55%
1.13%
Pump and Pumping Equipment Manufacturing
Manufacturing
Link
US
Lake Forest

About IEX

idex (nyse: iex) is a company that has undoubtedly touched your life in some way. in fact, idex businesses make thousands of products that are mission-critical components in everyday activities. chances are the car you’re driving has a band-it® clamp holding your side airbag safely in place. if you were ever in a car accident, a hurst jaws of life® rescue tool may have saved your life. if you or a family member is battling cancer, your doctor may have tested your dna in a quest to find the best targeted medicine for you. it’s likely your dna test was run on equipment that contains components made by our growing idex health & science team.