IDEX Q3 2021: record sales $712M, EPS $1.51; adjusted EPS $1.63; raises FY guidance

IDEX CORP /DE/

2021-Q3 EPS reported $4.33 revenue$2,050,002,000

Record orders $774.2M (+36% overall, +28% organic); record sales $712.0M (+23%, +15% organic).
Reported EPS $1.51; adjusted EPS $1.63 (record), up 16.4% YoY on adjusted basis.
Adjusted operating margin 24.3% (+120 bps); adjusted gross margin 45.0% (+170 bps).
FY2021 adjusted EPS guidance narrowed to $6.30-$6.33 from $6.26-$6.36.
Health & Science sales +37% (+24% organic); Fire & Safety +13% (+12% organic).

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