NORTHBROOK, Ill. (AP) — NORTHBROOK, Ill. (AP) — IDEX Corp. (IEX) on Wednesday reported third-quarter profit of $127.8 million.
The Northbrook, Illinois-based company said it had net income of $1.70 per share. Earnings, adjusted for one-time gains and costs, were $2.03 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.
The maker of the Jaws of Life device and other engineered products posted revenue of $878.7 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $858.4 million.
Idex expects full-year earnings in the range of $7.86 to $7.91 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IEX at https://www.zacks.com/ap/IEX
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