SPX Reports Third Quarter 2018 Results

Go back to SPX Reports Third Quarter 2018 Results

SPX Corp. (SPXC) Misses Q3 EPS by 9c, Revenues Beat; FY18 EPS Views Below Consensus, 'Expects Higher Core Revenue than Prior FY18 Guidance'

November 1, 2018 4:39 PM EDT

SPX Corp. (NYSE: SPXC) reported Q3 EPS of $0.37, $0.09 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $345.9 million versus the consensus estimate of $342.1 million.

Gene Lowe, President and CEO, remarked, During the third quarter, we experienced a solid increase in revenue due to strong demand for our heating and... More