SPX Corp. (SPXC) Tops Q2 EPS by 10c; Raises Outlook

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SPX Reports Second Quarter 2022 Results

August 4, 2022 4:05 PM EDT

Q2 GAAP EPS of $0.41; Adjusted EPS* of $0.71Raising Full-Year 2022 Adjusted EPS* Guidance to Range of $2.70-2.85Repurchased $34 Million of Common StockAnnouncing Plan to Reorganize Legal Structure

CHARLOTTE, N.C., Aug. 04, 2022 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE: SPXC) today reported results for the second quarter ended July 2, 2022. The company also announced that it intends to implement a holding company merger, pursuant to section 251(g) of the Delaware General Corporation Law, to better align its corporate legal entity structure with the... More