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SPX Technologies Q2 2023 Earnings Report

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$140.18 -6.49 (-4.42%)
As of 02/21/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

SPX Technologies EPS Results

Actual EPS
$1.06
Consensus EPS
$0.84
Beat/Miss
Beat by +$0.22
One Year Ago EPS
$0.71

SPX Technologies Revenue Results

Actual Revenue
$423.30 million
Expected Revenue
$395.72 million
Beat/Miss
Beat by +$27.58 million
YoY Revenue Growth
+19.60%

SPX Technologies Announcement Details

Quarter
Q2 2023
Time
After Market Closes

SPXC Upcoming Earnings

SPX Technologies will be holding an earnings conference call on Tuesday, February 25 at 4:45 PM Eastern. Interested parties can register for or listen to the call.

Conference Call Resources

SPX Technologies Earnings Headlines

Brokerages Set SPX Technologies, Inc. (NYSE:SPXC) Price Target at $168.50
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About SPX Technologies

SPX Technologies (NYSE:SPXC) supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers, heating, and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies products under the TCI and ECS brands; and obstruction lighting products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.

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