SPX Technologies (NYSE:SPXC - Get Free Report) will release its earnings data after the market closes on Wednesday, October 30th. Analysts expect SPX Technologies to post earnings of $1.38 per share for the quarter. SPX Technologies has set its FY24 guidance at $5.45-5.60 EPS and its FY 2024 guidance at 5.450-5.600 EPS.Parties interested in participating in the company's conference call can do so using this link.
SPX Technologies (NYSE:SPXC - Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.25 by $0.17. SPX Technologies had a return on equity of 19.20% and a net margin of 5.53%. The firm had revenue of $501.30 million during the quarter, compared to analysts' expectations of $492.08 million. During the same quarter in the prior year, the firm posted $1.06 EPS. The company's revenue for the quarter was up 18.4% on a year-over-year basis. On average, analysts expect SPX Technologies to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
SPX Technologies Price Performance
Shares of NYSE:SPXC opened at $158.31 on Wednesday. The business's 50 day moving average is $157.55 and its 200-day moving average is $144.96. The company has a current ratio of 1.28, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $7.33 billion, a PE ratio of 71.31, a PEG ratio of 1.65 and a beta of 1.21. SPX Technologies has a 1-year low of $77.90 and a 1-year high of $173.30.
Wall Street Analyst Weigh In
Separately, Oppenheimer downgraded shares of SPX Technologies from an "outperform" rating to a "market perform" rating in a report on Thursday, July 18th.
Check Out Our Latest Research Report on SPXC
About SPX Technologies
(
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SPX Technologies, Inc 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.
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