The earnings call highlighted a strong start to the fiscal year with substantial growth in adjusted EBITDA and EPS. The HVAC segment performed well, boosted by strategic acquisitions. However, tariff-related challenges and a decline in Detection & Measurement revenue present headwinds. Despite these challenges, the company remains optimistic about its raised full-year guidance.

Company Guidance -

Q3 2025

During the SPX Technologies First Quarter 2025 Earnings Conference Call, the company provided updated guidance reflecting strong financial performance and strategic acquisitions. SPX reported a 12% increase in adjusted EBITDA and a 10% rise in adjusted EPS, raising its full-year adjusted EPS guidance range to $6.10 to $6.40, indicating a 12% growth at the midpoint. The first quarter saw a 3.7% revenue growth, primarily driven by the HVAC segment and recent acquisitions, including Sigma and Omega. The company anticipates a 15% growth in adjusted EBITDA at the midpoint of its guidance range for the full year, despite challenges posed by tariffs, which are expected to have a net impact of $0.08 to $0.12 on adjusted EPS. SPX remains confident in its ability to manage through economic uncertainties, leveraging its strong market position and diverse demand drivers across end markets.

Strong Start to Fiscal Year 2025

SPX Technologies reported a 12% increase in adjusted EBITDA and a 10% increase in adjusted EPS for Q1 2025, showcasing strong margin performance and progress on key initiatives.

HVAC Segment Growth

Revenue in the HVAC segment grew by 6.8% year-on-year, with organic growth of 4.4%. The segment also benefited from the acquisition of Sigma and Omega, contributing to future growth opportunities.

Acquisition of Sigma and Omega

The recent acquisition of Sigma and Omega enhances the HVAC segment's value proposition and expands the addressable market, targeting multistory buildings across North America.

Increased Full Year Guidance

The company raised its full-year adjusted EPS guidance range to $6.10 to $6.40, reflecting strong Q1 results and the accretive acquisition of Sigma and Omega.

Strong Order Backlog

The Detection & Measurement segment reported a 56% increase in backlog sequentially from Q4, indicating a healthy demand for project deliveries in the future.

SPX (SPXC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SPXC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	1.62 / -	1.39	―	―	―
Jul 31, 2025	2025 (Q2)	1.45 / 1.65	1.42	16.20% (+0.23)
May 01, 2025	2025 (Q1)	1.17 / 1.38	1.25	10.40% (+0.13)
Feb 25, 2025	2024 (Q4)	1.51 / 1.51	1.25	20.80% (+0.26)
Oct 30, 2024	2024 (Q3)	1.38 / 1.39	1.06	31.13% (+0.33)
Aug 01, 2024	2024 (Q2)	1.25 / 1.42	1.06	33.96% (+0.36)
May 02, 2024	2024 (Q1)	1.04 / 1.25	0.93	34.41% (+0.32)
Feb 22, 2024	2023 (Q4)	1.26 / 1.25	1.17	6.84% (+0.08)
Nov 02, 2023	2023 (Q3)	0.97 / 1.06	0.81	30.86% (+0.25)
Aug 02, 2023	2023 (Q2)	0.83 / 1.06	0.71	49.30% (+0.35)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SPXC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$182.39	―	―
May 01, 2025	$136.67	$144.73	+5.90%
Feb 25, 2025	$136.34	$151.21	+10.91%
Oct 30, 2024	$158.97	$143.49	-9.74%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.