|Bid||30.00 x 1000|
|Ask||64.00 x 800|
|Day's Range||33.51 - 35.10|
|52 Week Range||15.74 - 49.94|
|Beta (5Y Monthly)||1.90|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SPX Flow (FLOW) delivered earnings and revenue surprises of 400.00% and -4.58%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of SPX FLOW (NYSE:FLOW) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 86.36% year over year to $0.06, which beat the estimate of $0.03.Revenue of $289,500,000 lower by 41.05% from the same period last year, which missed the estimate of $309,780,000.Outlook SPX FLOW hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: May 12, 2020View more earnings on FLOWTime: 09:00 PM ETWebcast URL: https://edge.media-server.com/mmc/p/uvkbwjunPrice Action 52-week high: $49.9452-week low: $15.74Price action over last quarter: down 28.08%Company Description SPX FLOW Inc is a United States-based company that provides engineering solutions. The company has three reportable segments namely Food and Beverage, Power and Energy, and Industrial. It generates maximum revenue from the Industrial segment. The company has a global presence, with the United States, the United Kingdom, China, France, Denmark, Germany, and other countries. Its product portfolio comprises pumps, valves, mixers, filters, air dryers, hydraulic tools, homogenizers, separators, and heat exchangers, as well as related aftermarket components and services.See more from Benzinga * Recap: Allot Q1 Earnings * Recap: DarioHealth Q1 Earnings * Stocks That Hit 52-Week Lows On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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CEO Marc Michael acknowledged that 2019's business economy was challenging, and SPX Flow sees some weakness ahead. But improvement and efficiencies in operations have put the company on a course for expansion.
Issues related to coronavirus make it difficult for international manufacturers to forecast performance because of uncertainty over how severe the outbreak, centered in China, will prove to be.
SPX Flow (FLOW) delivered earnings and revenue surprises of -3.70% and 0.57%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
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