IDEX Corp. Reveals 3% Gain In Q1 Bottom Line

(RTTNews) - IDEX Corp. (IEX) reported earnings for its first quarter that increased compared to the same period last year.

The company said its bottom line advanced to $68.13 million, or $0.89 per share. This was higher than $65.95 million, or $0.84 per share, in last year's first quarter.

Analysts had expected the company to earn $0.81 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.1% to $502.57 million. This was up from $502.20 million last year.

IDEX Corp. earnings at a glance:

-Earnings (Q1): $68.13 Mln. vs. $65.95 Mln. last year. -Earnings Growth (Y-o-Y): 3.3% -EPS (Q1): $0.89 vs. $0.84 last year. -EPS Growth (Y-o-Y): 6.0% -Analysts Estimate: $0.81 -Revenue (Q1): $502.57 Mln vs. $502.20 Mln last year. -Revenue Change (Y-o-Y): 0.1%

-Guidance: Next quarter EPS guidance: $0.91 - $0.93 Full year EPS guidance: $3.70 - $3.75