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3 Stocks to Watch on Tuesday: Celanese Corporation (CE), IDEX Corporation (IEX) and Sonic Corporation (SONC)

CE earnings missed estimates, IEX updates guidance and SONC earnings top outlook

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Gold lost 0.1% and crude oil gained 0.8% on a strong day for U.S. equities. The S&P 500 Index gained 0.2%, the Dow Jones Industrial Average surged 0.3% and the Nasdaq Composite hiked up 0.4%.

3 Stocks to Watch on Tuesday: Celanese Corporation (CE), IDEX Corporation (IEX) and Sonic Corporation (SONC)Several companies reported on their latest quarters Monday, including IDEX Corporation (NYSE:IEX), Celanese Corporation (NYSE:CE) and Sonic Corporation (NASDAQ:SONC).

Here’s what you should know:

IDEX Corporation (IEX)

IDEX unveiled its latest quarterly earnings guidance Monday.

The company announced that it will bring in $1.06 to $1.08 per share in its fourth quarter of fiscal 2017, which is better than Wall Street’s consensus estimate of $1.06 per share, according to Thomson Reuters.

IDEX also updated its fiscal 2017 guidance to $4.25 to $4.27 per share in profit.

Over the course of its third quarter, the company earned $83.77 million, or $1.08 per share, which was higher than the consensus estimate of $70.47 million, or 92 cents per share of the year-ago quarter.

The figure was ahead of the Wall Street outlook of $1.06 per share. Revenue came in at $574.49 million, which was 8.3% higher than the $530.36 million from a year ago.

IEX stock fell 0.1% after hours Monday.

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Article printed from InvestorPlace Media, https://investorplace.com/2017/10/stocks-watch-tuesday-idex-corporation-iex-celanese-corporation-ce-sonic-corporation-sonc/.

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