This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

IDEX Corporation's CEO Discusses Q3 2011 Results - Earnings Call Transcript

IDEX Corporation (IEX)

Q3 2011 Earnings Call

October 20, 2011 10:30 am ET

Executives

Michael J. Yates – Vice President, Chief Accounting Officer

Lawrence D. Kingsley - Chairman

Andrew K. Silvernail – Chief Executive Officer

Heath A. Mitts – Chief Financial Officer, Vice President – Corporate Finance

Analysts

Jim Lucas – Janney Montgomery Scott

Robert Barry – UBS

Scott Graham – Jefferies & Co.

Allison Poliniak – Wells Fargo Securities, Llc

Charles Brady – BMO Capital

Wendy Caplan – SunTrust Robinson Humphrey

Matt Summerville – KeyBanc Capital Markets

Walter Liptak – Barrington Research Associates, Inc.

Presentation

Operator

Good morning. My name is Vitania, and I’ll be your conference operator today. At this time, I would like to welcome everyone to the IDEX Corporation Q3 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. (Operator Instructions)

Thank you. I would now like to turn the call over to today’s host Mr. Michael Yates, Chief Accounting Officer. Sir, you may begin your conference.

Michael J. Yates

Thank you, Vitania. Good morning, everyone. And thank you for joining us for our discussion of the IDEX third quarter 2011 financial highlights. Last night we issued a press release outlining our company’s financial and operating performance for the three-month period ended September 30, 2011. The press release along with the presentation slides to be used during today’s webcast can be accessed on our company’s website at www.idexcorp.com.

Joining me today from IDEX management are Larry Kingsley, our Chairman; Andy Silvernail, our CEO; and Heath Mitts, Vice President and Chief Financial Officer.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs