A downtrend has been apparent in SPX Technologies (SPXC) lately with too much selling pressure. The stock has declined 9.5% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, fo ...

For the quarter ended September 2024, SPX Technologies (SPXC) reported revenue of $483.7 million, up 7.8% over the same period last year. EPS came in at $1.39, compared to $1.06 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $500.23 million, representing a surprise of -3.31%. The company delivered an EPS surprise of +0.72%, with the consensus EPS estimate being $1.38. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

SPX Technologies, Inc (NYSE:SPXC) Q3 2024 Results Conference Call October 30, 2024 4:45 PM ET Company Participants Paul Clegg - Vice President-Investor Relations Gene Lowe - President and Chief Executive Officer Mark Carano - Chief Financial Officer Conference Call Participants Ross Sparenblek - William Blair Bryan Blair - Oppenheimer Damian Karas - UBS Walter Liptak - Seaport Research Steve Ferazani - Sidoti Operator Good afternoon, and welcome to the SPX Technologies Q3 2024 Earnings Conference Call. [Ope ...

SPX Technologies (SPXC) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0.72%. A quarter ago, it was expected that this infrastructure equipment supplier would post earnings of $1.26 per share when it actually produced earnings of $1.42, delivering a surprise of 12.70%. Over the last ...

Exhibit 99.1 SPX Technologies Reports Third Quarter 2024 Results Q3 GAAP EPS of $1.08; Adjusted EPS* of $1.39 Significant Margin Expansion in Both HVAC and Detection & Measurement Segments Well-Positioned to Achieve Full-Year 2024 Guidance CHARLOTTE, N.C., October 30, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) ("SPX", the "Company", "we" or "our") today reported results for the third quarter ended September 28, 2024. Gene Lowe, President and CEO, remarked, "I am pleased with our Q3 financia ...

Q3 GAAP EPS of $1.08; Adjusted EPS* of $1.39 Significant Margin Expansion in Both HVAC and Detection & Measurement Segments Well-Positioned to Achieve Full-Year 2024 Guidance CHARLOTTE, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) ("SPX", the "Company", "we" or "our") today reported results for the third quarter ended September 28, 2024. Gene Lowe, President and CEO, remarked, "I am pleased with our Q3 financial results, which include solid growth in company revenue and substan ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores sy ...

SPX Technologies (SPXC) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earn ...

Wall Street expects a year-over-year increase in earnings on higher revenues when SPX Technologies (SPXC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 30, 2024, might help the stock move higher if these key numbers are better ...

CHARLOTTE, N.C., Oct. 07, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the third quarter of fiscal year 2024 after the U.S. financial markets close on Wednesday, October 30, 2024. In conjunction with this announcement, SPX Technologies' President and Chief Executive Officer Gene Lowe and SPX Technologies' Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the Company's financial results and business outlook d ...