SPX Corp. (SPW) Reports In-Line Q1 EPS; Raises FY11 EPS Outlook, Still Below Street

May 4, 2011 6:33 AM EDT
SPX Corporation (NYSE: SPW) reported Q1 EPS of $0.49, in-line with the analyst estimate of $0.49. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.16 billion.

Increases FY2011 EPS outlook from $4.20 - $4.50 to $4.25 - $4.55, versus the consensus of $4.58.


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