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

SPX Technologies

06/08/2021 22:38

* SPX Corp  SPXC.N  reported quarterly adjusted earnings of 49
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
46 cents per share.
* Revenue fell 20.1% to $296.70 million from a year ago; 
analysts expected $294.60 million. 
* SPX Corp's reported EPS for the quarter was $1.32​.
* The mean earnings estimate of analysts had fallen by
about 38.1% 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 risen by 6.3% this quarter and
gained 19.1% so far this year.
* The company reported quarterly net income of $61.5 million.
* Wall Street's median 12-month price target for SPX Corp is
$74.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated August 6 at 09:38 p.m.  ​All
figures in US dollars unless otherwise stated