---
schema_version: "secwatch.filing_event.v1"
accession: "0000832101-24-000042"
form_type: "8-K"
ticker: "IEX"
cik: "0000832101"
company_name: "IDEX CORP /DE/"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:08:25.627106+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# IDEX Q2 sales and profit miss; cuts full-year guidance; announces $1B Mott acquisition

## Summary
- Q2 sales $807M, down 5% (4% organic); GAAP EPS $1.86 (up 2%), adjusted EPS $2.06 (down 6%).
- Full-year guidance cut: organic sales decline 1-2% (prior up 0-2%); GAAP EPS $6.85-$6.95, adjusted $7.80-$7.90.
- Q3 guidance: organic sales flat to +1%; adjusted EPS $1.85-$1.90.
- Announced $1.0B cash acquisition of Mott Corp, expected close Q3 2024.
- Divested Alfa Valvole for $45.5M cash, recording a $4.6M gain.

## SEC filing metadata
- accession: 0000832101-24-000042
- form_type: 8-K
- ticker: IEX
- cik: 0000832101
- company_name: IDEX CORP /DE/
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832101/000083210124000042/0000832101-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832101/000083210124000042/iex-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832101-24-000042
- JSON: https://secwatch.observer/filing/0000832101-24-000042.json
- Plain text: https://secwatch.observer/filing/0000832101-24-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.