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Stock impact report

We Think SPX Technologies' (NYSE:SPXC) Robust Earnings Are Conservative [Yahoo! Finance]

SPX Technologies, Inc. (SPXC) 
Last spx technologies, inc. earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Check out our latest analysis for SPX Technologies For anyone who wants to understand SPX Technologies' profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit was reduced by US$48m due to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual expenses don't come up again, we'd therefore expect SPX Technologies to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from SPX Technologies' ea Show less Read more
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