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

SPX Technologies

08/05/2021 01:05

* SPX Corp  SPXC.N  reported quarterly adjusted earnings of
68 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
67 cents per share.
* Revenue rose 9.1% to $398.50 million from a year ago​; 
analysts expected $390.28 million.
* SPX Corp's reported EPS for the quarter was 58 cents​.
* The mean earnings estimate of analysts had risen by about 2.3%
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 6.5% this quarter and
gained 13.8% so far this year.
* The company reported quarterly net income of $26.8 million.
* Wall Street's median 12-month price target for SPX Corp is
$65.00 
* 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." 
This summary was machine generated May 8 at 12:05 a.m. GMT. ​All
figures in US Dollars.​