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Here's What Key Metrics Tell Us About SPX Technologies (SPXC) Q2 Earnings

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SPX Technologies (SPXC - Free Report) reported $679 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 22.9%. EPS of $2.02 for the same period compares to $1.65 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $635.64 million, representing a surprise of +6.82%. The company delivered an EPS surprise of +9.19%, with the consensus EPS estimate being $1.85.

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: $198.4 million compared to the $176.84 million average estimate based on five analysts. The reported number represents a change of +12.9% year over year.
  • Revenues- HVAC: $480.6 million versus $458.85 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +27.6% change.
  • Segment Income- Detection & Measurement: $57.3 million versus the four-analyst average estimate of $42.44 million.
  • Segment Income- HVAC: $109.8 million versus $111.07 million estimated by four analysts on average.

View all Key Company Metrics for SPX Technologies here>>>

Shares of SPX Technologies have returned -19% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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