SPX Technologies (SPXC) Q1 Earnings and Revenues Surpass Estimates

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 ...