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

SPX Technologies

04/11/2021 07:32

* SPX Corp  SPXC.N  reported quarterly adjusted earnings of 41
cents​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for earnings of
44 cents per share.
* Revenue fell 21.2% to $285.80 million from a year ago; 
analysts expected $295.02 million. 
* SPX Corp's reported EPS for the quarter was $7.10​.
* The mean earnings estimate of analysts had fallen by
about 15.3% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* SPX Corp shares had risen by 16.2% this quarter and
gained 13.8% so far this year.
* The company reported quarterly net income of $331.1 million.
* Wall Street's median 12-month price target for SPX Corp is
$74.50 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated November 4 at 07:32 a.m.
 ​All figures in US dollars unless otherwise stated