SPX Reports First Quarter 2020 Results

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SPX Corp. (SPXC) Tops Q1 EPS by 10c, Revenues Beat; Withdraws FY20 Guidance

April 30, 2020 4:32 PM EDT

SPX Corp. (NYSE: SPXC) reported Q1 EPS of $0.62, $0.10 better than the analyst estimate of $0.52. Revenue for the quarter came in at $365.3 million versus the consensus estimate of $361.2 million.

Q1 GAAP EPS of $0.50Adjusted EPS* of $0.62 Solid First Quarter PerformanceWithdrawing 2020 Guidance on Near-Term UncertaintyWell-Positioned to Navigate Challenging EnvironmentSubstantial Available Liquidity

Gene Lowe, President and CEO,... More