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

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SPX Reports First Quarter 2021 Results

May 6, 2021 4:02 PM EDT

Q1 2021 GAAP EPS of $0.60; Q1 2021 Adjusted EPS* of $0.68;Updating 2021 Full-Year Guidance for Sealite Acquisition;  Anticipate Full-Year Adjusted EPS* in a Range of $3.06-$3.26

CHARLOTTE, N.C., May 06, 2021 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE: SPXC) today reported results for the first quarter ended April 3, 2021.

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 substantial... More