SPX Technologies Inc expected to post earnings of 60  cents a share - Earnings Preview

SPX Technologies

03/05/2023 03:02

* SPX Technologies Inc  SPXC.N   SPXC.K  is expected to show
a
rise in quarterly revenue when it reports  results on May 4. 
    * The Charlotte North Carolina-based  company is expected to
report  a 7.8% increase in revenue to $331.039 million from
$307.1 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 60 cents per share. 
    * 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."  
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months. ​
    * Wall Street's median 12-month price target for SPX
Technologies
Inc is $83​, above​ its last closing price of $64.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.97        0.98       1.17      Beat    19.9
 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.        0.83        0.83       0.88      Beat    5.5
 31 2021                                                
 Sep. 30 2021  0.47        0.44       0.41      Missed  -7.7​
 Jun. 30 2021  0.46        0.46       0.49      Beat    5.6
 Mar. 31 2021  0.65        0.67       0.68      Beat    2.3
 This summary was machine generated May 3 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated