SPX Reports Second Quarter 2019 Results

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SPX Corp. (SPXC) Tops Q2 EPS by 15c, Revenues Beat; Raises FY19 EPS Guidance Above Consensus

August 1, 2019 4:24 PM EDT

SPX Corp. (NYSE: SPXC) reported Q2 EPS of $0.67, $0.15 better than the analyst estimate of $0.52. Revenue for the quarter came in at $371.6 million versus the consensus estimate of $358.87 million.

Gene Lowe, President and CEO, remarked, I am very pleased with our second quarter performance, which reflects solid operational execution, as well as favorable timing of project deliveries in our Detection & Measurement segment. Based on our... More