SPX (NYSE:SPXC) reported earnings of $0.53 per share beating Walls Streets expectations.

ME Staff
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SPX (NYSE:SPXC) reported Q2 2018 earnings this Afternoon, coming in at $0.53 per share, beating Wall Street’s estimates of $0.47 per Share. Revenue for the quarter came in at $379.20 million beating analyst estimates of $354.20 million

Recent Insider Trading for SPX (NYSE:SPXC)

  • On 11/10/2017 Michael Andrew Reilly, CAO, sold 3,833 with an average share price of $30.59 per share and the total transaction amounting to $117,251.47.
  • On 3/10/2017 Michael Andrew Reilly, CAO, sold 10,909 with an average share price of $24.34 per share and the total transaction amounting to $265,525.06.
  • On 8/29/2016 Michael Andrew Reilly, Insider, sold 2,258 with an average share price of $19.19 per share and the total transaction amounting to $43,331.02.
  • On 5/12/2016 Michael Andrew Reilly, CAO, sold 7,591 with an average share price of $15.74 per share and the total transaction amounting to $119,482.34.
  • On 11/25/2014 Relational Investors Llc, Major Shareholder, sold 489,568 with an average share price of $93.43 per share and the total transaction amounting to $45,740,338.24.
  • On 11/18/2014 Relational Investors Llc, Major Shareholder, sold 53,168 with an average share price of $93.42 per share and the total transaction amounting to $4,966,954.56.



Dividend History for SPX (NYSE:SPXC)

  • On 5/28/2015 SPX announced a quarterly dividend of $0.3750 2.02% with an ex dividend date of 6/12/2015 which will be payable on 6/16/2015.
  • On 2/27/2015 SPX announced a quarterly dividend of $0.3750 1.66% with an ex dividend date of 3/12/2015 which will be payable on 3/16/2015.
  • On 11/20/2014 SPX announced a quarterly dividend of $0.3750 1.62% with an ex dividend date of 12/11/2014 which will be payable on 12/15/2014.
  • On 8/21/2014 SPX announced a quarterly dividend of $0.3750 1.43% with an ex dividend date of 9/11/2014 which will be payable on 9/15/2014.
  • On 5/28/2014 SPX announced a quarterly dividend of $0.3750 1.43% with an ex dividend date of 6/12/2014 which will be payable on 6/16/2014.
  • On 2/27/2014 SPX announced a quarterly dividend of $0.3750 1.39% with an ex dividend date of 3/12/2014 which will be payable on 3/14/2014.
  • On 11/20/2013 SPX announced a quarterly dividend of $0.25 1.07% with an ex dividend date of 12/10/2013 which will be payable on 12/12/2013.



About Company
SPX Corporation supplies infrastructure equipment serving the heating and ventilation (HVAC), detection and measurement, power transmission and generation, and industrial markets in the United States, China, South Africa, the United Kingdom, and internationally. It operates through three segments: HVAC, Detection and Measurement, and Engineered Solutions. The HVAC segment engineers, designs, manufactures, installs, and services cooling products for the HVAC and industrial markets, as well as boilers, comfort heating, and ventilation products for the residential and commercial markets. The Detection and Measurement segment offers underground pipe and cable locators, and inspection equipment, as well as bus fare collection systems, communication technologies, and specialty lighting products. The Engineered Solutions segment provides transformers for the power transmission and distribution markets; and process cooling equipment, as well as rotating and stationary heat exchangers for the industrial and power generation markets. This segment sells transformers for publicly and privately held utilities under the Waukesha brand name; and process cooling products and heat exchangers under the brand names of the SPX Cooling, Marley, Yuba, and Ecolaire. The company markets its products through various distribution channels, such as direct to customers, independent manufacturing representatives, third-party distributors, and retailers. SPX Corporation is headquartered in Charlotte, North Carolina.

Recent Analyst Rating for SPX (NYSE:SPXC)

  • On 5/28/2015 quarterly, $0.3750, to 2.02% with a price target of 6/12/2015
  • On 6/16/2015 7/1/2015 2/27/2015, quarterly, to $0.3750 with a price target of 1.66%
  • On 3/12/2015 3/16/2015, 4/1/2015 11/20/2014, to quarterly with a price target of $0.3750
  • On 12/11/2014 12/15/2014, 1/5/2015 8/21/2014, to quarterly with a price target of $0.3750
  • On 9/11/2014 9/15/2014, 10/2/2014 5/28/2014, to quarterly with a price target of $0.3750
  • On 6/12/2014 6/16/2014, 7/2/2014 2/27/2014, to quarterly with a price target of $0.3750



Recent Trading for SPX (NYSE:SPXC)
Shares of SPX closed the previous trading session at with 194786 shares trading hands.