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SPX Corp. (SPXC) Misses Q3 EPS by 9c

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SPX Reports Third Quarter 2016 Results

November 3, 2016 4:16 PM EDT

Q3 GAAP EPS of $0.06; Adjusted EPS* of $0.14 Transformer Strength Offset by Headwinds in Power Generation and HVAC Heating Narrowing Full-Year Adjusted EPS* Range to $1.00-$1.20

CHARLOTTE, N.C., Nov. 03, 2016 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE: SPXC) today reported results for the quarter ended October 1, 2016. 

To provide clarity to its operating results, the company reports Core and Base Power results, which exclude the effect of the South African projects, and separately reports on the progress and results associated with... More