SPX Reports First Quarter 2021 Results

Go back to SPX Reports First Quarter 2021 Results

SPX Corp. (SPXC) Tops Q1 EPS by 2c, Revenues Beat; Raises FY21 EPS Mid-Point Guidance Above Consensus

May 6, 2021 5:01 PM EDT

SPX Corp. (NYSE: SPXC) reported Q1 EPS of $0.68, $0.02 better than the analyst estimate of $0.66. Revenue for the quarter came in at $398.5 million versus the consensus estimate of $390.28 million.

Gene Lowe, President and CEO, remarked, I am pleased with our solid first quarter results. Our HVAC and Detection & Measurement segments delivered strong revenue and earnings growth, with significant organic and inorganic contributions. We also generated... More