A Charlotte-based manufacturer gave Wall Street higher revenue guidance for the rest of the year, but lower earnings guidance, according to a filing Monday with the Securities and Exchange Commission.

SPX Flow Inc. said it expects to report revenue between $1.925 billion and $1.975 billion for the year, up slightly due to a $64 million benefit from currency, as well as a modest increase in organic revenue.

However, the company said its EBITDA earnings would be between $195 million and $215 million, down from its previous guidance of $210 million to $230 million.

The company said that the lower earnings was due to variable incentive compensation linked to order growth, and the timing of cost savings from its restructuring.

“We are still in the very early stages of our journey to transform SPX Flow into a high-performing operating enterprise, and we continue to work towards building a stronger foundation for future growth and margin expansion,” said Chief Executive Officer Marc Michael in a statement.

SPX Flow manufactures industrial equipment which specializes in managing and transporting fluids for companies in the food and beverage, oil and gas, and power generation industries.

The company will release its second quarter earnings on Aug. 2.

SPX Flow’s shares closed Monday at $36.23, down 7 cents.