SPX (SPW) Posts Q3 EPS of $0.98; Guides
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SPX (NYSE: SPW) reports Q3 EPS of $0.98, versus the analyst estimate of $0.82. Revenue for the quarter was $1.17 billion, which compares to the estimate of $1.17 billion.
Lowers FY09 EPS to $$3.80 - $4.00, from $4.00 - $4.30. Raises FY09 cash flow to $270 - $290 million, up from $230 - $270 million.
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