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Compared to Estimates, SPX Technologies (SPXC) Q1 Earnings: A Look at Key Metrics

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SPX Technologies (SPXC - Free Report) 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.

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