SPX Corp. (SPXC) Tops Q4 EPS by 5c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Above Consensus

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SPX Reports Fourth Quarter and Full-Year 2018 Results

February 14, 2019 4:15 PM EST

Q4 and Full-Year 2018 GAAP EPS of $0.88 and $1.75Q4 and Full-Year 2018 Adjusted EPS* of $0.89 and $2.20Introducing 2019 Full-Year Adjusted EPS* Guidance Range of $2.50-$2.65,Excluding Amortization and Including Sabik Acquisition

CHARLOTTE, N.C., Feb. 14, 2019 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE: SPXC) today reported results for the fourth quarter and the year ended December 31, 2018.

Gene Lowe, President and CEO, remarked, I am very pleased with our strong operational and financial performance during 2018. Our earnings increased substantially, driven by strong... More