On Thursday, SPX Corporation Common Stock SPXC will report its last quarter's earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
Wall Street analysts see SPX reporting earnings of 61 cents per share on sales of $390.59 million.
In the same quarter last year, SPX reported EPS of 69 cents per share on revenue of $377 million. If the company were to match the consensus estimate, earnings would be down 11.59 percent. Sales would be up 3.47 percent from the same quarter last year.
SPX reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.29 | 0.35 | 0.27 | 0.65 |
| EPS Actual | 0.36 | 0.44 | 0.38 | 0.69 |
Stock Performance
Over the last 52-week period, shares are up 20.04 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.
Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on SPX stock is a Neutral. The strength of this rating has risen over the past 90 days.
Conference Call
SPX's conference call is scheduled for 4:45 p.m. ET and it can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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