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-0.00122850122850123 -0.00802913302913308 0.000307125307125277 0.00315900315900315 0.00943313443313433 -0.00552825552825561 -0.00552825552825561 -0.00552825552825561
Stock impact report

Why SPX Technologies (SPXC) Shares Are Falling Today [Yahoo! Finance]

SPX Corporation (SPXC) 
Last spx corporation earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
mixed fourth-quarter results, where declining margins and a miss on organic revenue growth overshadowed headline beats on revenue and profit. While the infrastructure equipment supplier posted a 19.4% year-over-year increase in sales to $637.3 million and higher profit per share, a closer look at the numbers revealed areas of concern for investors. The company's operating margin fell to 15.7% from 16.9% in the same quarter of the previous year. Additionally, its organic revenue growth, a key indicator of core business performance, missed expectations. Despite the company issuing strong guidance for the upcoming year, these underlying weaknesses appeared to outweigh the positive headline figures, leading to the stock's decline. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy SPX Technologies? Access our full analysis report here, it's free What Is The Market Telling Us SPX Technologies's Show less Read more
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