IDEX Raises 2026 Organic Sales Growth Outlook to 6.5% to 6.8%

IDEX Corporation raised its full-year 2026 forecast Wednesday, projecting organic sales growth of 6.5% to 6.8% and adjusted diluted earnings per share of $8.91 to $8.96 after third-quarter results exceeded management’s expectations. Third-quarter sales, margins and earnings each came in ahead of management’s expectations. “IDEX delivered another strong quarter with Q3 results ahead of our expectations on sales, margins and earnings,” IDEX CEO and President Eric Ashleman said. The company identified data centers, semiconductors, space and defense, and water as growth markets. Data-center demand remains healthy, though order timing is unpredictable.

Source: TokenPost