SPX Technologies Inc expected to post earnings of $1.01 a share - Earnings Preview

SPX Technologies

21/02/2023 22:09

* SPX Technologies Inc  SPXC.N   SPXC.K  is expected to show
a
rise in quarterly revenue when it reports  results on February
23. 
    * The Charlotte North Carolina-based  company is expected to
report  a 18.8% increase in revenue to $415.872 million from
$350 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for SPX Technologies
Inc is
for earnings of $1.01 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
Technologies
Inc is $80​, above​ its last closing price of $71.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.66        0.66       0.81      Beat    23.1
 Jun. 30 2022  0.64        0.63       0.71      Beat    12
 Mar. 31 2022  0.34        0.35       0.40      Beat    15.9​
 Dec. 31 2021  0.83        0.83       0.88      Beat    5.5
 ​​Sep.        0.47        0.44       0.41      Missed  -7.7
 30 2021                                                
 Jun. 30 2021  0.46        0.46       0.49      Beat    5.6​
 Mar. 31 2021  0.65        0.67       0.68      Beat    2.3
 Dec. 31 2020  0.95        0.94       0.89      Missed  -5.2
 This summary was machine generated February 21 at 22:09 GMT. 
All figures in US dollars  unless otherwise stated