Recap: SPX FLOW Q1 Earnings

Shares of SPX FLOW FLOW were unchanged in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 86.36% year over year to $0.06, which beat the estimate of $0.03.

Revenue of $289,500,000 lower by 41.05% from the same period last year, which missed the estimate of $309,780,000.

Outlook

SPX FLOW hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: May 12, 2020

Time: 09:00 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/uvkbwjun

Price Action

52-week high: $49.94

52-week low: $15.74

Price action over last quarter: down 28.08%

Company Description

SPX FLOW Inc is a United States-based company that provides engineering solutions. The company has three reportable segments namely Food and Beverage, Power and Energy, and Industrial. It generates maximum revenue from the Industrial segment. The company has a global presence, with the United States, the United Kingdom, China, France, Denmark, Germany, and other countries. Its product portfolio comprises pumps, valves, mixers, filters, air dryers, hydraulic tools, homogenizers, separators, and heat exchangers, as well as related aftermarket components and services.