IDEX (IEX) reported Q1 adjusted earnings Thursday of $1.75 per diluted share, down from $1.88 a year earlier.
Analysts polled by FactSet expected $1.64.
Revenue for the quarter ended March 31 was $814.3 million, compared with $800.5 million a year earlier.
Analysts surveyed by FactSet expected $806.3 million.
The company said it expects Q2 adjusted EPS of $1.95 to $2.05. Analysts polled by FactSet expect adjusted EPS of $2.10. Net sales for the quarter are projected to be $854.3 million to $870.4 million. Analysts polled by FactSet expect $858.5 million.
For 2025, the company maintained its adjusted EPS guidance of $8.10 to $8.45. Analysts polled by FactSet expect $8.09. Net sales for the year are projected to be $3.42 billion to $3.48 billion. Analysts polled by FactSet expect $3.41 billion.
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