Idex Corp. reports Q1 adjusted EPS $1.75, consensus $1.64

Reports Q1 revenue $814.3M, consensus $806.35M. “Our IDEX teams delivered better than expected revenue and profitability in the first quarter of 2025, with all segments exceeding our expectations. Most encouragingly, all of our segments built backlog, mostly accumulating within HST, fueled by an impressive large clean water project win from the Mott team,” said Eric Ashleman, Idex Corporation president and CEO. “Our previously announced platform optimization and delayering efforts are on track to achieve an anticipated total of $43 million impact for 2025.”