SPX Technologies (SPXC) FY Conference Summary Company Overview - SPX Technologies operates in niche industrial applications across HVAC and detection and measurement markets [2][4] - The company has a strong track record for margin expansion and has executed 16 acquisitions over the past four and a half years [2][17] - SPX is predominantly North American, with about 83% of its revenue from this region, but is expanding in Europe and Asia [4] Core Business Segments HVAC Segment - HVAC constitutes about two-thirds of SPX's business, generating approximately $1.5 billion in revenue this year [9][31] - The segment has a margin of around 22% and is characterized by a significant portion of replacement revenue, approximately 60% [10][32] - SPX focuses on engineered products in high-tech niches, avoiding competition with larger players like Carrier and Trane [11] Detection and Measurement Segment - This segment includes technologies for underground inspections and monitoring, with a revenue target of around $710 million [34][37] - SPX is a leader in outdoor technologies, particularly in precision locators and inspection robots for water and gas infrastructure [8][34] Financial Performance and Growth Strategy - SPX aims to double its EBITDA from $483 million to approximately $1 billion over the next four to five years [12][18] - The company has a strong focus on strategic M&A, with a capital allocation strategy that prioritizes growth investments over dividends [26][39] - SPX has a robust balance sheet, with a pro forma leverage ratio of around 1.9 after recent acquisitions [40] Market Dynamics and Future Outlook - The company has seen double-digit organic growth driven by better product offerings, particularly in healthcare and institutional markets [56][57] - SPX is optimistic about entering the adiabatic and dry cooling tower markets, which could significantly expand its total addressable market (TAM) [61][62] - The company anticipates meaningful revenue opportunities from new products in the data center market by 2026 [66] Competitive Landscape - SPX competes with private companies in the cooling tower market but believes it has a competitive edge due to superior mechanical equipment [73][74] - The detection and measurement segment is expected to benefit from federal funding for infrastructure projects, particularly in transportation [75] Key Takeaways - SPX Technologies is well-positioned for growth in both HVAC and detection and measurement markets, with a clear strategy focused on engineered products and strategic acquisitions [2][17] - The company is leveraging its strong brand equity and market leadership to capture additional market share and drive revenue growth [10][11] - Future growth is expected to be supported by new product launches and increased federal funding for infrastructure projects [75]

SPX Technologies (SPXC) 2025 Conference May 14, 2025 12:40 PM ET Speaker0 I got the good one finally. So thanks so much. And we have the management for SPX Technologies. We have Jean Lo, president and chief executive officer, and Mark Carano, who is Vice President and CFO and Treasurer and a former colleague. So I'm sure he's happy to be back on Rand Park. But with that, I think the company has some slides and then we're gonna go into q and a. Thank you so much for being here. Speaker1 All right. Good after ...

SPX Technologies (SPXC) FY Conference May 08, 2025 09:00 AM ET Speaker0 Good morning, everyone. Welcome to the final day of the twentieth Annual Oppenheimer Industrial Growth Conference. We're closing out on a high note. We have, outperform rated and top pick SPX Technologies. CEO, Gene Lowe, you know, waiting today. CFO, Mark Carano, is with him as well, as well as VP of IR, Paul Craig. Jan, I believe you have some slides to walk through, introduce the SPX story, then we'll get to questions after. Speaker1 ...

Core Viewpoint - SPX Technologies (SPXC) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to significant price movements when estimates are revised [4]. Company Performance and Outlook - The upgrade for SPX Technologies reflects an improvement in the company's underlying business, which is expected to drive the stock price higher as investors recognize this trend [5][10]. - For the fiscal year ending December 2025, SPX Technologies is projected to earn $6.37 per share, representing a 14.2% increase from the previous year, with a 4% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [9][10]. - The Zacks Rank 2 for SPX Technologies places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

SPX Technologies (SPXC) reported $482.6 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 3.7%. EPS of $1.38 for the same period compares to $1.25 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $478.43 million, representing a surprise of +0.87%. The company delivered an EPS surprise of +18.97%, with the consensus EPS estimate being $1.16.While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

SPX Technologies (SPXC) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.97%. A quarter ago, it was expected that this infrastructure equipment supplier would post earnings of $1.50 per share when it actually produced earnings of $1.51, delivering a surprise of 0.67%.Over the last f ...

SPX Technologies (SPXC) Q1 2025 Earnings Call May 01, 2025 04:45 PM ET Company Participants Paul Clegg - Vice President of Investor Relations & CommunicationsGene Lowe - President and Chief Executive OfficerMark Carano - VP, CFO & TreasurerBrad Hewitt - VP - Equity Research Conference Call Participants Bryan Blair - Managing Director & Senior Research AnalystRoss Sparenblek - Research AnalystSteve Ferazani - Senior Equity Analyst - Diversified Industrials & Energy Operator Good day, and thank you for standi ...

SPX Technologies (SPXC) Q1 2025 Earnings Call May 01, 2025 04:45 PM ET Speaker0 Good day, and thank you for standing by. Welcome to the First Quarter twenty twenty five SPX Technologies Earnings Conference Call. At this time, all participants are in listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during this session, you'll need to press 11 on your telephone. You will then hear automated message advising your hand is raised. To withdraw your ...

Q1 2025 Earnings Presentation MAY 1, 2025 Q1 2025 EARNINGS PRESENTATION | COPYRIGHT © 2025 SPX TECHNOLOGIES MAY 1, 2025 1 Safe Harbor Statement Certain statements contained in this presentation that are not historical facts, including any statements as to future market conditions, results of operations, product introductions, and financial projections, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of ...

Exhibit 99.1 SPX Reports First Quarter 2025 Results CHARLOTTE, N.C., May 1, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) ("SPX", the "Company", "we" or "our") today reported results for the first quarter ended March 29, 2025. First Quarter Highlights (amounts presented for continuing operations; all comparisons against the first quarter of 2024, unless otherwise noted) Raising 2025 Guidance (all comparisons against the full year 2024, unless otherwise noted) Gene Lowe, President and CEO, rema ...