SPX Corp (NASDAQ:SPXC) is set to announce its earnings results after the market closes on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.28 per share for the quarter. SPX Corp has set its FY17 guidance at $1.65-1.75 EPS.

SPX Corp (NASDAQ:SPXC) last posted its earnings results on Thursday, August 3rd. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.09. The firm had revenue of $349.70 million during the quarter, compared to analysts’ expectations of $354.84 million. SPX Corp had a negative return on equity of 15.86% and a negative net margin of 2.37%. The firm’s revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 earnings per share. On average, analysts expect SPX Corp to post $1.75 EPS for the current fiscal year and $2.10 EPS for the next fiscal year.

Shares of SPX Corp (SPXC) opened at 29.35 on Wednesday. The company’s 50-day moving average price is $25.53 and its 200 day moving average price is $25.30. The stock’s market cap is $1.25 billion. SPX Corp has a 1-year low of $15.49 and a 1-year high of $30.37.

A number of equities research analysts have weighed in on the company. Zacks Investment Research lowered SPX Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. BidaskClub raised SPX Corp from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 30th.

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SPX Corp Company Profile

SPX Corporation is a global supplier of infrastructure equipment. The Company operates through three segments: HVAC; Detection and Measurement, and Engineered Solutions. The HVAC solutions offered by its businesses include package cooling towers, residential and commercial boilers, heating and ventilation products.

Earnings History for SPX Corp (NASDAQ:SPXC)

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