IDEX Corporation Provides Earnings Guidance for the First Quarter and Full Year of 2020
January 30, 2020 at 09:00 pm IST
IDEX Corporation provided earnings guidance for the first quarter and full year of 2020. For the quarter, the company expects EPS to be in the range of $1.30 to $1.34 with market headwinds contributing 4% to 5% organic revenue decline and operating margins of about 23%
For the full year 2020, the company expects EPS to be $5.55 to $5.85. Full year revenue is projected to be flat to down 2% and OP margin should be somewhere between 23.8% and 24.5%.