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SPX Corp Lowers FY 2013 Guidance


Wednesday, 1 May 2013 06:30am EDT 

SPX Corp announced that for fiscal 2013, it expects revenues to be down 2% to up 3%, earnings per share from continuing operations are expected to be $4.25 to $4.65, and reflect operational performance in the first quarter, recent changes in currency rates, and current view of the macro-economic environment. The previous earnings per share estimate was $4.60 to $5.10. The Company reported revenue of $5.100 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $5.26 billion and EPS of $4.93 for fiscal 2013. 

Company Quote

84.74
2.06 +2.49%
19 Dec 2014