SPX Corp reports results for the quarter ended in December - Earnings Summary

SPX Technologies

23/02/2022 23:44

* SPX Corp  SPXC.N  reported quarterly adjusted earnings of
88
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
83 cents per share.
    * Revenue fell 23.3% to $350.00 million from a year ago; 
analysts
expected $358.47 million. 
    * SPX Corp's reported EPS for the quarter was 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * SPX Corp shares had fallen by 13.5% this quarter.
    * The company reported quarterly net income of $6.4 million.
    * Wall Street's median 12-month price target for SPX Corp is
$75.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 23 at 11:43 p.m.
 ​All figures in US dollars unless otherwise stated