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

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

SPX Reports Third Quarter 2018 Results

November 1, 2018 4:15 PM EDT

Q3 GAAP EPS of $0.15; Adjusted EPS* of $0.37Strong Revenue Increase from HVAC and Detection & Measurement SegmentsOn Track for Full-Year Adjusted EPS* Guidance Range of $2.15-$2.25

CHARLOTTE, N.C., Nov. 01, 2018 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE: SPXC) today reported results for the quarter ended September 29, 2018. 

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 cooling products in our HVAC segment, and our recent... More