Edition:
United States

SPX Corp (SPXC.N)

SPXC.N on New York Stock Exchange

26.87USD
14 Dec 2018
Change (% chg)

$-0.64 (-2.33%)
Prev Close
$27.51
Open
$27.05
Day's High
$27.41
Day's Low
$26.67
Volume
54,496
Avg. Vol
59,832
52-wk High
$37.93
52-wk Low
$26.28

Latest Key Developments (Source: Significant Developments)

Godrej Process Equipment Acquires Yuba And Ecolaire Brands From SPX Heat Transfer, USA
Tuesday, 21 Aug 2018 01:57pm EDT 

Aug 21 (Reuters) - Godrej Process Equipment::GODREJ PROCESS EQUIPMENT ACQUIRES YUBA AND ECOLAIRE BRANDS FROM SPX HEAT TRANSFER, USA.  Full Article

SPX Reports Q4 Adj Earnings Per Share $0.60
Thursday, 15 Feb 2018 04:15pm EST 

Feb 15 (Reuters) - Spx Corp ::SPX REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.60.Q4 EARNINGS PER SHARE $1.35 FROM CONTINUING OPERATIONS.Q4 REVENUE $387 MILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.03 TO $2.18.RAISES FY 2020 ADJUSTED EARNINGS PER SHARE VIEW TO $2.65 TO $2.90.SAYS TARGETING 2018 CORE REVENUE IN RANGE OF $1.35 TO $1.40 BILLION.SAYS RAISING LONG-TERM TARGETS FOR CAPITAL AVAILABLE TO DEPLOY THROUGH 2020 BY 50%, TO MORE THAN $600 MILLION.  Full Article

SPX Announces Amendment And Extension Of Bank Credit Agreement
Wednesday, 20 Dec 2017 08:00am EST 

Dec 20 (Reuters) - SPX Corp ::SPX ANNOUNCES AMENDMENT AND EXTENSION OF BANK CREDIT AGREEMENT.SPX CORP - ‍ENTERED AMENDMENT OF CREDIT AGREEMENT, RESULTING IN 5-YEAR, $900 MILLION CREDIT FACILITY WITH A GROUP OF LENDERS ARRANGED BY BOFA MERRILL LYNCH​.SPX CORP - FUNDS AVAILABLE UNDER AMENDED AGREEMENT WERE USED TO REPAY OUTSTANDING BORROWINGS UNDER ORIGINAL AGREEMENT WHICH WAS EXECUTED IN MID-2015.SPX CORP - ‍AMENDED CREDIT AGREEMENT WILL EXPIRE ON DECEMBER 19, 2022​.SPX CORP - TERM LOAN REQUIRES MANDATORY PAYMENTS OF ORIGINAL PRINCIPAL OF 1.25% PER QUARTER BEGINNING IN Q1 2019.  Full Article

SPX reports third quarter 2017 results
Thursday, 2 Nov 2017 04:15pm EDT 

Nov 2 (Reuters) - SPX Corp :SPX reports third quarter 2017 results.Q3 adjusted earnings per share $0.36.Q3 earnings per share $0.50 from continuing operations.Sees FY 2017 revenue about $1.35 billion to $1.4 billion.Q3 revenue $348.5 million versus I/B/E/S view $337.6 million.Sees FY 2017 adjusted earnings per share $1.70 to $1.80.Q3 earnings per share view $0.28 -- Thomson Reuters I/B/E/S.SPX Corp - ‍ continues to expect 2017 core revenue of approximately $1.35 billion to $1.40 billion​.  Full Article

SPX Q2 adjusted earnings per share $0.44
Thursday, 3 Aug 2017 04:15pm EDT 

Aug 3 (Reuters) - SPX Corp ::SPX reports second quarter 2017 results.Q2 adjusted earnings per share $0.44.Q2 loss per share $0.19 from continuing operations.Sees FY 2017 revenue about $1.35 billion to $1.4 billion.Q2 revenue $349.7 million versus I/B/E/S view $354.8 million.Sees FY 2017 adjusted earnings per share $1.65 to $1.75.Q2 earnings per share view $0.35 -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $1.70, revenue view $1.42 billion -- Thomson Reuters I/B/E/S.SPX Corp - ‍ now expect to have only one of original five scopes of work left by end of 2017 associated with South African projects​.SPX Corp - ‍ expect substantial completion of co's role in South Africa by end of 2019, approximately one year ahead of co's prior expectations​.SPX Corp - ‍ estimate remaining cash usage from second half of 2017 through end of South African projects to be approximately $60 to $70 million​.  Full Article

SPX reports Q1 revenue $340.6 million
Thursday, 4 May 2017 04:15pm EDT 

May 4 (Reuters) - SPX Corp :SPX reports first quarter 2017 results.Q1 adjusted earnings per share $0.38.Q1 earnings per share $0.24 from continuing operations.Q1 revenue $340.6 million versus I/B/E/S view $318.1 million.Reaffirms FY 2017 adjusted earnings per share view $1.55 to $1.70.Q1 earnings per share view $0.27 -- Thomson Reuters I/B/E/S.SPX Corp - Remain on track to achieve our full-year 2017 guidance.FY2017 earnings per share view $1.64, revenue view $1.42 billion -- Thomson Reuters I/B/E/S.  Full Article

SPX reports Q4 adj EPS $0.69
Thursday, 23 Feb 2017 04:15pm EST 

Spx Corp : SPX reports fourth quarter and full-year 2016 results . Q4 adjusted earnings per share $0.69 . Q4 loss per share $0.07 from continuing operations . Q4 revenue $395.3 million versus I/B/E/S view $467.6 million . Q4 earnings per share view $0.65 -- Thomson Reuters I/B/E/S . Targeting 2017 core revenue in a range of $1.3 to $1.4 billion . Sees 2017 adjusted earnings per share is expected to be in a range of $1.55 to $1.70 . Sees 2017 core segment income margin of 12-13 pct .FY2017 earnings per share view $1.64, revenue view $1.47 billion -- Thomson Reuters I/B/E/S.  Full Article