Subtext

IDEX Corporation IEX

SectorIndustrials
Transcripts25
Date range2019-04-26 – 2025-05-02
Calls charted25

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-11-5+0+5+112019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12019 Q1 · Overall: +0.52019 Q2 · Overall: +1.32019 Q3 · Overall: -3.72019 Q4 · Overall: +0.62020 Q1 · Overall: -0.92020 Q2 · Overall: -4.22020 Q3 · Overall: +9.22020 Q4 · Overall: +5.72021 Q1 · Overall: +8.32021 Q2 · Overall: +3.42021 Q3 · Overall: +0.82021 Q4 · Overall: +5.12022 Q1 · Overall: +5.02022 Q2 · Overall: +8.52022 Q3 · Overall: +9.42022 Q4 · Overall: +8.32023 Q1 · Overall: +2.32023 Q2 · Overall: +5.02023 Q3 · Overall: +5.22023 Q4 · Overall: +7.42024 Q1 · Overall: -0.82024 Q2 · Overall: +5.52024 Q3 · Overall: +2.42024 Q4 · Overall: +6.62025 Q1 · Overall: +4.4
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-21-11+0+11+212019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12019 Q1 · CEO: +0.92019 Q2 · CEO: +3.52019 Q3 · CEO: +0.02019 Q4 · CEO: +4.92020 Q1 · CEO: +0.72020 Q2 · CEO: -2.92020 Q3 · CEO: +11.82020 Q4 · CEO: +8.62021 Q1 · CEO: +12.02021 Q2 · CEO: +5.22021 Q3 · CEO: +0.82021 Q4 · CEO: +7.92022 Q1 · CEO: +5.52022 Q2 · CEO: +11.32022 Q3 · CEO: +9.52022 Q4 · CEO: +12.02023 Q1 · CEO: +5.42023 Q2 · CEO: +8.62023 Q3 · CEO: +10.32023 Q4 · CEO: +11.22024 Q2 · CEO: +10.42024 Q3 · CEO: +7.62024 Q4 · CEO: +11.12025 Q1 · CEO: +8.02019 Q1 · CFO: +15.62019 Q2 · CFO: +8.62019 Q3 · CFO: -0.72019 Q4 · CFO: -2.22020 Q1 · CFO: +2.82020 Q2 · CFO: -4.82020 Q4 · CFO: +5.22021 Q1 · CFO: +8.72021 Q2 · CFO: +12.12021 Q3 · CFO: +9.22021 Q4 · CFO: +11.32022 Q1 · CFO: +14.62022 Q2 · CFO: +15.22022 Q3 · CFO: +18.72022 Q4 · CFO: +13.32023 Q1 · CFO: +6.52023 Q2 · CFO: +4.92023 Q3 · CFO: +4.82023 Q4 · CFO: +9.32024 Q2 · CFO: +1.52024 Q3 · CFO: -5.12024 Q4 · CFO: +9.12025 Q1 · CFO: +6.0
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-25-12+0+12+252019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12019 Q1 · Prepared remarks: +7.62019 Q2 · Prepared remarks: +9.92019 Q3 · Prepared remarks: -1.92019 Q4 · Prepared remarks: +4.22020 Q1 · Prepared remarks: -2.52020 Q2 · Prepared remarks: -6.92020 Q3 · Prepared remarks: +21.72020 Q4 · Prepared remarks: +12.42021 Q1 · Prepared remarks: +13.12021 Q2 · Prepared remarks: +5.92021 Q3 · Prepared remarks: +8.72021 Q4 · Prepared remarks: +11.32022 Q1 · Prepared remarks: +11.82022 Q2 · Prepared remarks: +18.82022 Q3 · Prepared remarks: +18.42022 Q4 · Prepared remarks: +16.62023 Q1 · Prepared remarks: +10.82023 Q2 · Prepared remarks: +8.62023 Q3 · Prepared remarks: +11.02023 Q4 · Prepared remarks: +11.22024 Q1 · Prepared remarks: +14.62024 Q2 · Prepared remarks: +11.22024 Q3 · Prepared remarks: +3.52024 Q4 · Prepared remarks: +13.12025 Q1 · Prepared remarks: +12.62019 Q1 · Q&A responses: +1.32019 Q2 · Q&A responses: +1.02019 Q3 · Q&A responses: +1.12019 Q4 · Q&A responses: +3.02020 Q1 · Q&A responses: +2.72020 Q2 · Q&A responses: +0.92020 Q3 · Q&A responses: +6.42020 Q4 · Q&A responses: +2.22021 Q1 · Q&A responses: +10.02021 Q2 · Q&A responses: +6.22021 Q3 · Q&A responses: -1.52021 Q4 · Q&A responses: +7.32022 Q1 · Q&A responses: +6.82022 Q2 · Q&A responses: +8.92022 Q3 · Q&A responses: +8.42022 Q4 · Q&A responses: +8.32023 Q1 · Q&A responses: +2.42023 Q2 · Q&A responses: +6.52023 Q3 · Q&A responses: +7.32023 Q4 · Q&A responses: +9.52024 Q1 · Q&A responses: -0.82024 Q2 · Q&A responses: +4.82024 Q3 · Q&A responses: +4.62024 Q4 · Q&A responses: +7.72025 Q1 · Q&A responses: +4.3
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$4.60$6.87$9.142019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12019 Q1: $5.842019 Q2: $6.002019 Q3: $6.082019 Q4: $6.002020 Q1: $5.812020 Q2: $4.922020 Q3: $5.252020 Q4: $5.642021 Q1: $6.032021 Q2: $6.532021 Q3: $6.862021 Q4: $7.052022 Q1: $7.692022 Q2: $7.932022 Q3: $8.262022 Q4: $8.522023 Q1: $8.822023 Q2: $8.762023 Q3: $8.492023 Q4: $8.442024 Q1: $8.472024 Q2: $8.702024 Q3: $8.36

Forward P/E

18.3327.5836.832019 Q12020 Q12021 Q12022 Q12023 Q12024 Q12025 Q12019 Q1: 25.232019 Q2: 27.342019 Q3: 28.042019 Q4: 28.172020 Q1: 19.612020 Q2: 31.472020 Q3: 35.552020 Q4: 34.642021 Q1: 32.732021 Q2: 33.372021 Q3: 31.932021 Q4: 33.732022 Q1: 25.502022 Q2: 22.662022 Q3: 25.202022 Q4: 28.002023 Q1: 24.452023 Q2: 23.742023 Q3: 25.332023 Q4: 24.742024 Q1: 28.422024 Q2: 23.262024 Q3: 24.59

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2019 Q3 tone ↓ -5.0 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↑ +4.3 fwd EPS ↓ -0.08 Tone rose while the forward EPS estimate was cut.
  • 2020 Q4 tone ↓ -3.5 fwd EPS ↑ +0.39 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q2 tone ↓ -4.8 fwd EPS ↑ +0.50 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q3 tone ↓ -2.6 fwd EPS ↑ +0.34 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -5.9 fwd EPS ↑ +0.30 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-02+4.4——View →
2024 Q42025-02-05+6.6——View →
2024 Q32024-10-30+2.4$8.3624.6View →
2024 Q22024-08-01+5.5$8.7023.3View →
2024 Q12024-04-24-0.8$8.4728.4View →
2023 Q42024-02-07+7.4$8.4424.7View →
2023 Q32023-10-26+5.2$8.4925.3View →
2023 Q22023-07-27+5.0$8.7623.7View →