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S&P Downgrades SPX Flow (FLOW) to 'BB-'; Outlook Negative

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SPX Flow (FLOW) Reports Q3 EPS of $0.34; Updates Outlook

November 2, 2016 6:35 AM EDT

SPX Flow (NYSE: FLOW) reported Q3 EPS of $0.34. Revenue for the quarter came in at $466.8 million, versus $589.5 million reported last year.

GUIDANCE:

SPX Flow updatess FY2016 EPS to $1.27-$1.47.

"We have made good progress this year executing on our realignment program and transitioning to an operating structure that will establish a strong foundation for long-term success. We realized $16 million of year-over-year cost... More