secwatch.observer — SEC 8-K summary
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Issuer:     IDEX CORP /DE/ (IEX)
CIK:        0000832101
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0000832101-22-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDEX Q2 EPS $1.81 beats; adjusted EPS $2.02; raises FY22 guidance
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- GAAP EPS $1.81 (up 35% YoY); adjusted EPS $2.02 (up 15%); revenue $796M (+16% overall, +12% organic).
- FY22 GAAP EPS guidance raised to $7.19-$7.29 from $6.87-$7.00; adjusted EPS raised to $7.88-$7.98 from $7.50-$7.63.
- Acquired KZValve for $120.2M cash on May 2, 2022, expanding agricultural fluid management portfolio.
- Repurchased 475K shares in Q2; dividend increased 11%.
- Segment: FMT operating margin 27.7% (+240bps); HST 26.5% (-110bps); Fire/Safety 23.3% (-330bps).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/832101/000083210122000038/0000832101-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/832101/000083210122000038/iex-20220726.htm
  HTML page:      https://secwatch.observer/filing/0000832101-22-000038

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