Shares of bearings manufacturer RBC Bearings (NYSERBC) jumped 10.6% in the afternoon session after the company reported strong fourth-quarter results, which revealed improved sales trends, with management anticipating incremental volume recovery in the aerospace segment and a return to growth in the industrial business. It was also encouraging to see RBC Bearings beat analysts' EBITDA and EPS estimates. Overall, this quarter had some key positives.
The company reported a 5.5% year-over-year (YoY) rise in its net sales to $394.4 million compared to a Wall Street estimate of $394 million, according to FinChat. Adjusted earnings per share (EPS) came in at $2.34 versus an analyst estimate of $2.2.
Bearings manufacturer RBC Bearings (NYSERBC) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 5.5% year on year to $394.4 million. The company expects next quarter’s revenue to be around $439 million, coming in 0.7% above analysts’ estimates. Its non-GAAP profit of $2.34 per share was 6.3% above analysts’ consensus estimates.
RBC Bearings Incorporated (NYSERBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the third quarter of fiscal 2025.
RBC Bearings trades at $323.69 and has moved in lockstep with the market. Its shares have returned 10.7% over the last six months while the S&P 500 has gained 9.1%.
RBC Bearings Incorporated (NYSERBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its third quarter fiscal 2025 financial results before the market opens on Friday, January 31st. RBC Bearings will host a conference call to discuss the results on Friday, January 31st at 11:00 a.m. ET.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at engineered components and systems stocks, starting with Regal Rexnord (NYSERRX).
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at RBC Bearings (NYSERBC) and its peers.
RBC Bearings Incorporated (NYSERBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will participate in the Baird Global Industrial Conference on November 14, 2024 at the Ritz Carlton in Chicago, IL and the Goldman Sachs Industrials and Materials Conference on December 4, 2024 at the Conrad New York Downtown in New York, NY. Materials shared during the conference will be available online at: https://investor.rbcbearings.com.
Bearings manufacturer RBC Bearings (NYSERBC) fell short of the market’s revenue expectations in Q3 CY2024 as sales rose 3.2% year on year to $397.9 million. On the other hand, the company expects next quarter’s revenue to be around $395 million, close to analysts’ estimates. Its non-GAAP profit of $2.29 per share was in line with analysts’ consensus estimates.
RBC Bearings Incorporated (NYSERBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2025.
RBC Bearings Incorporated (NYSERBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it has been named to the Fortune® 100 Fastest-Growing Companies list for 2024.
RBC Bearings Incorporated (NYSERBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its second quarter fiscal 2025 financial results before the market opens on Friday, November 1st. RBC Bearings will host a conference call to discuss the results on Friday, November 1st at 11:00 a.m. ET.
