SPX Technologies (SPXC) reported $566.8 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 17.5%. EPS of $1.69 for the same period compares to $1.38 a year ago.
The reported revenue represents a surprise of +2.48% over the Zacks Consensus Estimate of $553.09 million. With the consensus EPS estimate being $1.55, the EPS surprise was +9.34%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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: $172.8 million compared to the $164.82 million average estimate based on five analysts. The reported number represents a change of +8.3% year over year.
- Revenues- HVAC: $394 million versus $388.33 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +22% change.
- Segment Income- Detection & Measurement: $46.7 million versus the four-analyst average estimate of $40.54 million.
- Segment Income- HVAC: $88.6 million versus the four-analyst average estimate of $89.6 million.
View all Key Company Metrics for SPX Technologies here>>>
Shares of SPX Technologies have returned +4% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Radical New Technology Could Hand Investors Huge Gains
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
