IDEX Provides Earnings Guidance for the First Quarter and Full Year of 2023
First quarter 2023 organic sales growth is projected to be 3% to 5%, with GAAP EPS of $1.74 to $1.79 (adjusted EPS of $1.98 to $2.03). The first quarter guide reflects specific short-term pressure on results driven by OEM shipment delays and timing of the recognition of share-based compensation.