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SPX FLOW Inc (FLOW.N)

FLOW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

SPX Flow Delivers Growth In Q3 2018
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - SPX FLOW Inc ::SPX FLOW DELIVERS GROWTH IN THIRD QUARTER 2018.Q3 EARNINGS PER SHARE $0.77.Q3 EARNINGS PER SHARE VIEW $0.63 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 EARNINGS PER SHARE $2.21 TO $2.34.REVISED FULL YEAR EPS GUIDANCE TO BETWEEN $2.21 AND $2.34 AND EBITDA BETWEEN $232 AND $240 MILLION.QTRLY REVENUES $530.3 MILLION VERSUS $491.1 MILLION LAST YEAR.Q3 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $519.5 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.40 -- THOMSON REUTERS I/B/E/S.  Full Article

Spx Flow Q4 Earnings Per Share $0.72 Including Items
Tuesday, 6 Feb 2018 

Spx Flow Inc ::SPX FLOW REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS AND PROVIDES 2018 FINANCIAL GUIDANCE.Q4 REVENUE ROSE 6.8 PERCENT TO $529.2 MILLION.SEES FY 2018 EARNINGS PER SHARE $2.21 TO $2.56.Q4 ADJUSTED EARNINGS PER SHARE $0.52 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.72 INCLUDING ITEMS.SEES FY 2018 REVENUE UP 4 TO 6 PERCENT.SEES Q4 2017 EARNINGS PER SHARE $0.72.QTRLY ORDERS INCREASED 24.6% TO $564.9 MILLION, AS COMPARED TO $453.3 MILLION IN YEAR-AGO QUARTER.Q4 EARNINGS PER SHARE VIEW $0.50, REVENUE VIEW $515.4 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.44, REVENUE VIEW $2.06 BILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 FULL YEAR REVENUE $2,025 MILLION TO $2,075 MILLION.SEES 2018 FULL YEAR FREE CASH FLOW $105 MILLION TO $125 MILLION.AS A RESULT OF TAX CUTS AND JOBS ACT, COMPANY RECORDED A NET TAX BENEFIT OF $20.8 MILLION IN Q4.  Full Article

SPX FLOW Awarded Contract To Establish High-Value Dairy Ingredients Plant In Spain
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Spx Flow Inc ::SPX FLOW AWARDED CONTRACT TO ESTABLISH HIGH-VALUE DAIRY INGREDIENTS PLANT IN SPAIN.SPX FLOW INC - ‍AWARDED A CONTRACT WORTH APPROXIMATELY $60 MILLION TO ESTABLISH A DAIRY INGREDIENTS PLANT IN GALICIA, SPAIN​.SPX FLOW INC - ‍WORK ON PROJECT WILL COMMENCE IMMEDIATELY AND IT IS ANTICIPATED PLANT WILL BEGIN OPERATING IN EARLY 2020​.SPX FLOW INC - ANTICIPATES DAIRY INGREDIENTS PLANT WILL BEGIN OPERATING IN EARLY 2020.  Full Article

SPX Flow Q3 earnings per share $0.30
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - SPX Flow Inc :SPX Flow reports third quarter 2017 results.Q3 revenue $491 million versus I/B/E/S view $493.8 million.Q3 adjusted earnings per share $0.42.Q3 earnings per share $0.30.Sees FY 2017 revenue $1.92 billion to $1.94 billion.Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.SPX Flow Inc - ‍updated 2017 full year guidance​.SPX Flow Inc - ‍reaffirmed 2018 financial framework​.SPX Flow Inc - sees ‍fy 2017 earnings per share (pre-adjusted basis​) $0.70 to $0.82.SPX Flow Inc - ‍increased full year 2017 adjusted free cash flow guidance to a range of $150 to $160 million​.SPX Flow Inc - sees fy 2017 adjusted basis​ ‍earnings per share $1.14 to $1.26.Fy2017 earnings per share view $1.39, revenue view $1.95 billion -- Thomson Reuters I/B/E/S.SPX Flow Inc - ‍realignment program is nearly complete and expect to realize full, annualized benefit of $140 million savings target in 2018​.  Full Article

SPX Flow reports Q2 GAAP earnings per share $0.24
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Spx Flow Inc ::SPX Flow reports second quarter 2017 results.Q2 GAAP earnings per share $0.24.Q2 revenue $498 million versus I/B/E/S view $500.4 million.Q2 adjusted earnings per share $0.33 excluding items.Q2 earnings per share view $0.37 -- Thomson Reuters I/B/E/S.Have clearer visibility to 2018 financial framework, which targets ebitda in range of $240 to $260 million.Food and beverage revenues for Q2 2017 were $176.5 million, compared to $188.0 million in Q2 2016.SPX Flow Inc says orders for quarter increased 3.8pct to $503.6 million, as compared to $485.1 million in year-ago quarter.  Full Article

SPX FLOW sees 2017 earnings per share adjusted basis of $1.20 to $1.50
Monday, 24 Jul 2017 

July 24 (Reuters) - SPX FLOW Inc ::SPX FLOW announces preliminary Q2 2017 financial results.Sees FY 2017 revenue $1.925 billion to $1.975 billion.Sees Q2 revenue around $498 million versus I/B/E/S view $496.4 million.Q2 2017 EPS is expected to be in range of $0.23 to $0.25 per share.Sees Q2 2017 adjusted EPS to be in range of $0.32 to $0.34 per share, includes ($0.02) of foreign currency losses recorded in other expense.Increased FY 2017 revenue guidance primarily to reflect $64 million benefit from currency.Sees Q2 2017 orders on adjusted basis of about $504 million, up 4 percent year-over-year.At Q2 end, sees backlog around $931 million, up 6 percent year-over-year.Sees 2017 net income pre-adjusted basis $19 million to $32 million, adjusted basis $50 million to $63 million.Sees 2017 earnings per share pre-adjusted basis $0.45 to $0.75.Sees 2017 earnings per share adjusted basis $1.20 to $1.50.Q2 earnings per share view $0.49 -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $1.84, revenue view $1.92 billion -- Thomson Reuters I/B/E/S.2017 updated full year adjusted EBITDA is now targeted to be between $195 to $215 million.Maintaining 2017 adjusted free cash flow guidance of $130 million to $150 million.  Full Article