SPX Technologies Inc expected to post earnings of $1.04 a share - Earnings Preview

SPX Technologies

30/04/2024 21:09

* SPX Technologies Inc  SPXC.N   SPXC.K  is expected to show
a
rise in quarterly revenue when it reports  results on May 2 for
the period ending March 31 2024
    * The Charlotte North Carolina-based  company is expected to
report a 13.6% increase in revenue to $454.092 million from
$399.8 million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for SPX Technologies Inc is
for
earnings of $1.04 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 $130.00​, above​ its last closing price of $122.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001               1.26       1.25      Missed  -1.1
 Jan. 1 0001   0.97        0.97       1.06      Beat    9.3
 Jan. 1 0001   0.83        0.83       1.06      Beat    27.7​
 Mar. 31 2023  0.60        0.60       0.93      Beat    54
 ​​Dec.        0.97        0.98       1.17      Beat    19.9
 31 2022                                                
 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
 This summary was machine generated April 30 at 20:09 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)