SPX FLOW, Inc. (NYSE:FLOW) is reporting third quarter financial results on Wednesday 28th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, FLOW is expected to report 3Q20 income of $ 0.31 per share from revenue of $ 333.27 million.
For the full year, analysts anticipate top line of $ 1275.63 million, while looking forward to income of $ 1.00 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,416.00 million ~ $ 1,461.00 million
Click Here For More Historical Outlooks Of SPX FLOW, Inc.
Previous Quarter Performance
SPX FLOW, Inc. came out with income for the second quarter of $ 0.22 per share, from the revenue of $ 308.10 million. The quarterly earnings fell 43.59 percent while revenues shrunk 20.06 percent compared with the same quarter last year.
Street analysts expected SPX FLOW, Inc. to report income of $ 0.07 per share on revenue of $ 291.14 million for the second quarter. The bottom line results beat street analysts by $ 0.15 or 214.29 percent, at the same time, top line results outshined analysts by $ 16.96 million or 5.83 percent.
Stock Performance
Shares of SPX FLOW, Inc. traded low $ -0.98 or -2.17 percent on Tuesday, reaching $ 44.12 with volume of 180.70 thousand shares. SPX FLOW, Inc. has traded high as $ 44.87 and has cracked $ 43.75 on the downward trend
According to the previous trading day, closing price of $ 44.12, representing a 186.53 % increase from the 52 week low of $ 15.74 and a 9.69 % decrease over the 52 week high of $ 49.94.
The company has a market capital of $ 1.87 billion and is part of the Industrials sector and Diversified Industrials industry.
Conference Call
SPX FLOW, Inc. will be hosting a conference call at 8:30 AM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.spxflow.com
SPX FLOW, Inc. provides various engineered solutions worldwide. It operates in three segments: Food and Beverage, Power and Energy, and Industrial.
