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.
Investor Fear Eases On Upbeat Corporate Earnings
Although the CNN Money Fear and Greed index showed US equity markets remained in the "fear" zone on Wednesday, but it saw some significant easing in the overall fear level amid a sharp rise on the Wall Street.
