Charlotte-based SPX Technologies and Albemarle are the latest N.C. companies to post quarterly earnings. Here’s a look at the results.

Barings

CHARLOTTE –  Barings BDC, Inc. (BBDC) on Thursday reported first-quarter profit of $39.7 million.

On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 37 cents. Earnings, adjusted for investment gains, were 25 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.

The business development company posted revenue of $67.2 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $66.6 million.

Barings BDC shares have fallen 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.30, a decline of 29% in the last 12 months.

SPX Technologies

CHARLOTTE — SPX Technologies, Inc. (SPXC) on Thursday reported first-quarter profit of $42.8 million.

On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 92 cents. Earnings, adjusted for one-time gains and costs, were 93 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.

The infrastructure equipment supplier posted revenue of $399.8 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $331.8 million.

SPX Technologies expects full-year earnings in the range of $3.80 to $3.95 per share, with revenue in the range of $1.61 billion to $1.65 billion.

Albemarle

CHARLOTTE — Albemarle Corp. (ALB) on Wednesday reported first-quarter net income of $1.24 billion.

On a per-share basis, the Charlotte, North Carolina-based company said it had net income of $10.51. Earnings, adjusted for non-recurring gains, came to $10.32 per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $6.93 per share.

The specialty chemicals company posted revenue of $2.58 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $2.74 billion.

Albemarle expects full-year earnings in the range of $20.75 to $25.75 per share, with revenue in the range of $9.8 billion to $11.5 billion.

Albemarle shares have decreased 20% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $172.91, a fall of 12% in the last 12 months.