Loading...
•
Dec 31, 2023
SPX Q4 2023 Earnings Report
SPX Technologies reported Q4 2023 results with revenue increasing and adjusted EPS surpassing the previous year.
Key Takeaways
SPX Technologies reported a revenue of $469.4 million for Q4 2023, compared to $429.3 million in Q4 2022. The company's GAAP EPS was $0.67, while adjusted EPS reached $1.25, exceeding the $1.17 reported in the same quarter last year. The HVAC segment saw record margin and profitability.
Revenue increased to $469.4 million from $429.3 million year-over-year.
GAAP EPS was $0.67, compared to $(0.55) in Q4 2022.
Adjusted EPS* increased to $1.25 from $1.17 year-over-year.
HVAC segment achieved record margin and profitability.
Revenue by Segment
Forward Guidance
For the full year 2024, SPX is targeting consolidated revenue of approximately $1.93 to $2.0 billion, adjusted EBITDA* of approximately $375 to $405 million and adjusted earnings per share* in a range of $4.85 to $5.15.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...