IDEX Corp. Announces Rise In Q1 Income

(RTTNews) - IDEX Corp. (IEX) reported a profit for its first quarter that Increases, from the same period last year

The company's bottom line totaled $120.0 million, or $1.61 per share. This compares with $95.5 million, or $1.26 per share, last year.

Excluding items, IDEX Corp. reported adjusted earnings of $148.6 million or $2.00 per share for the period.

The company's revenue for the period rose 8.9% to $886.9 million from $814.3 million last year.

IDEX Corp. earnings at a glance (GAAP) :

-Earnings: $120.0 Mln. vs. $95.5 Mln. last year. -EPS: $1.61 vs. $1.26 last year. -Revenue: $886.9 Mln vs. $814.3 Mln last year.

-Guidance: Next quarter EPS guidance: $ 2.07 To $ 2.12 Full year EPS guidance: $ 8.35 To $ 8.55