SPX Technologies Continues To See 2024 Adj. EPS $5.45-$5.60, Narrows FY24 Revenue Guidance From $1.97B-$2.02B To $1.97B-$2.00B
Portfolio Pulse from Benzinga Newsdesk
SPX Technologies has maintained its 2024 adjusted EPS guidance at $5.45-$5.60 and slightly narrowed its FY24 revenue guidance from $1.97B-$2.02B to $1.97B-$2.00B.
October 30, 2024 | 8:38 pm
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NEUTRAL IMPACT
SPX Technologies has reaffirmed its 2024 adjusted EPS guidance and slightly narrowed its revenue guidance, indicating stable financial expectations.
The reaffirmation of EPS guidance suggests confidence in meeting earnings expectations, while the slight narrowing of revenue guidance indicates a more precise forecast. This stability is likely to result in a neutral short-term impact on SPXC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100