SPX Technologies (NYSE:SPXC) Shares Gap Up on Strong Earnings
newscatcher
2023-05-05 14:32
SPX Technologies (NYSE:SPXC) Shares Gap Up on Strong Earnings
SPX Technologies, Inc. ( NYSE:SPXC – Get Rating ) shares gapped up prior to trading on Friday following a better than expected earnings announcement. The stock had previously closed at $61.68, but opened at $69.92. SPX Technologies shares last traded at $73.60, with a volume of 73,269 shares. The company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.33. The company had revenue of $399.80 million during the quarter, compared to the consensus estimate of $329.

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