IDEX (NYSE:IEX) reported quarterly earnings of $2.01 per share which beat the analyst consensus estimate of $1.97 by 2.03 percent. This is a 29.68 percent increase over earnings of $1.55 per share from the same period last year. The company reported quarterly sales of $810.70 million which beat the analyst consensus estimate of $773.14 million by 4.86 percent. This is a 13.42 percent increase over sales of $714.80 million the same period last year.
Morgan Stanley’s Hidden Gems: 3 Underappreciated Tech Stocks Set To Surge
The investment banking giant, Morgan Stanley, has singled out three globally underappreciated tech stocks that it believes hold substantial growth potential.