Green Touch Builders | Four takeaways from SPX Corp.’s 2014 earnings
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February 13, 2015 By SEO Admin

Four takeaways from SPX Corp.’s 2014 earnings

SPX Corp. reported 2014 earnings of $397.9 million, for adjusted earnings $9.25 per share, this week and investors reacted well.

The stock rose sharply Thursday, closing at $90.18 from a close of $88.81 Wednesday. A lot of the positive reaction came in response to the strong fourth quarter. SPX reported an operating profit of $177.3 million, for adjusted earnings of $2.36 per share, better than the consensus analysts’ estimates of $2.21 per share.

But what interests investors, and observers in…