IDEX Corp. reported second quarter earnings of $131.6 million, or $1.74 per share, which beat Street estimates. This is a decrease from last year’s earnings of $141.3 million, or $1.86 per share. Excluding items, the company reported adjusted earnings of $156.5 million or $2.07 per share, surpassing analysts’ expectations. Revenue for the period increased by 7.2% to $865.4 million from $807.2 million last year. The company provided guidance for the next quarter with an EPS range of $1.90 to $1.95 and full year EPS range of $7.85 to $7.95.

Read more at Nasdaq: IDEX Corp. Q2 Profit Decreases, But Beats Estimates