SPX (SPW) Tops Q3 EPS by 24c; Ups Guidance

SPX (NYSE: SPW) reported Q3 EPS of $1.62, $0.24 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.22 billion.

SPX sees FY2014 EPS of $5.25-$5.50, versus the consensus of $5.23.

In a separate press release, SPX also announced that its Board of Directors unanimously approved a plan for a tax-free spin-off of its Flow business into a new standalone, publicly traded company,

For earnings history and earnings-related data on SPX (SPW) click here.

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