SPX Technologies (SPXC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2024, SPX Technologies (SPXC) reported revenue of $533.7 million, up 13.7% over the same period last year. EPS came in at $1.51, compared to $1.25 in the year-ago quarter.The reported revenue represents a surprise of +0.46% over the Zacks Consensus Estimate of $531.23 million. With the consensus EPS estimate being $1.50, the EPS surprise was +0.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how SPX Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Detection & Measurement: $163.20 million versus the three-analyst average estimate of $153.22 million. The reported number represents a year-over-year change of +4%. Revenues- HVAC: $370.50 million versus the three-analyst average estimate of $378.10 million. The reported number represents a year-over-year change of +18.6%. Segment Income- Detection & Measurement: $37.60 million versus the three-analyst average estimate of $31.80 million. Segment Income- HVAC: $91.80 million compared to the $90.86 million average estimate based on three analysts. View all Key Company Metrics for SPX Technologies here>>>Shares of SPX Technologies have returned -7.1% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPX Technologies, Inc. (SPXC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks