SPX Technologies Inc expected to post earnings of 83  cents a share - Earnings Preview

SPX Technologies

01/08/2023 03:04

* SPX Technologies Inc  SPXC.N   SPXC.K  is expected to show
a
rise in quarterly revenue when it reports  results on August 2. 
    * The Charlotte North Carolina-based  company is expected to
report  a 13.0% increase in revenue to $400.021 million from
$354 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for SPX Technologies
Inc is
for earnings of 83 cents 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 $92​, above​ its last closing price of $84.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.60        0.60       0.93      Beat    54
 Dec. 31 2023  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.        0.34        0.35       0.40      Beat    15.9
 31 2022                                                
 Dec. 31 2021  0.83        0.83       0.88      Beat    5.5​
 Sep. 30 2021  0.47        0.44       0.41      Missed  -7.7
 Jun. 30 2021  0.46        0.46       0.49      Beat    5.6
 This summary was machine generated August 1 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated