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Spx Corp. (SPXC)
NYSE:SPXC
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.18Last Year’s EPS
1.25Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -5.07%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong financial performance in 2024 and optimistic guidance for 2025. Strategic acquisitions and product innovations were highlighted as key drivers of growth. However, challenges were noted in the heating segment due to warmer weather, and there were concerns about geopolitical and tariff impacts.Company Guidance
In the fourth quarter of 2024, SPX Technologies reported robust financial performance and provided optimistic guidance for 2025. The company achieved a 13.7% increase in revenue, with significant growth in both its HVAC and Detection & Measurement segments. Adjusted EBITDA rose by 28.1%, contributing to a 250 basis point margin expansion. SPX Technologies also completed the acquisition of Kranze Technology Solutions, which is expected to enhance their Detection & Measurement segment's capabilities and expand their communication technologies platform. For 2025, the company forecasts revenue between $2.13 billion and $2.19 billion, with an adjusted EBITDA range of $460 million to $490 million, reflecting approximately 13% growth. Adjusted EPS is anticipated to grow by 10% at the midpoint, reaching between $6.00 and $6.25. SPX is strategically poised for another year of double-digit growth, with a solid backlog and ongoing product innovations in sustainability-focused HVAC solutions and communication technologies.Strong Adjusted EBITDA Growth
Full year adjusted EBITDA grew by 36%, and adjusted EPS was near the upper end of guidance.
Revenue and Margin Expansion
Fourth-quarter revenue increased by 13.7%, with a 28.1% increase in adjusted EBITDA and a 250 basis points margin expansion.
Strategic Acquisition of KTS
The acquisition of KTS expanded SPX's communication technologies platform, enhancing growth opportunities in the Detection & Measurement segment.
Introduction of Innovative Products
SPX introduced new products in the HVAC and Detection & Measurement segments, including biofuel boilers, heat pump boiler combinations, and survey-grade precision locators.
Positive Guidance for 2025
SPX provided 2025 guidance with anticipated double-digit growth in adjusted EBITDA and adjusted EPS.
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SPXC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SPXC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $136.34 | $151.21 | +10.91% |
| Oct 30, 2024 | $158.97 | $143.49 | -9.74% |
| Aug 01, 2024 | $143.29 | $144.65 | +0.95% |
| May 02, 2024 | $121.95 | $130.94 | +7.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Spx Corp. (SPXC) report earnings?
Spx Corp. (SPXC) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Spx Corp. (SPXC) earnings time?
Spx Corp. (SPXC) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SPXC EPS forecast?
SPXC EPS forecast for the fiscal quarter 2025 (Q1) is 1.18.
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