SPX Corp expected to post earnings of 67  cents a share - Earnings Preview

SPX Technologies

05/05/2021 03:08

* SPX Corp  SPXC.N   SPXC.K  is expected to show a rise in
quarterly revenue when it reports results on May 6.
* The Charlotte, North Carolina-based company is expected to
report   a 6.8% increase in revenue to $390.282 million from
$365.3 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data.
​* Refinitiv's mean analyst estimate for SPX Corp is for
earnings of 67 cents per share. For the same quarter last year,
the company reported earnings of 62 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for SPX Corp is
$65​, about 6.1% above​ its last closing price of $61.03. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.95        0.94       0.89      Missed  -5.2
 Sep. 30 2020  0.50        0.50       0.64      Beat    28
 Jun. 30 2020  0.47        0.46       0.64      Beat    39.1​
 Mar. 31 2020  0.52        0.52       0.62      Beat    19.2
 Dec.          0.92​       0.92       0.96      Beat    3.9​
 31​ 2019​                                              
 Sep. 30 2019  0.51        0.51       0.60      Beat    17.6​
 Jun. 30 2019  0.52        0.52       0.67      Beat    28.8
 Mar. 31 2019  0.48        0.48       0.51      Beat    5.5
 This summary was machine generated May 5 at 02:08 GMT.  All
figures in US dollars unless otherwise stated