Regal-Beloit (RBC) Tops Q3 EPS by 13c; offers guidance

Regal-Beloit (NYSE: RBC) reported Q3 EPS of $2.17, $0.13 better than the analyst estimate of $2.04. Revenue for the quarter came in at $385.6 million versus the consensus estimate of $390.6 million.

GUIDANCE:

Regal-Beloit sees Q4 2023 revenue of $370-380 million, versus the consensus of $384 million.

Regal-Beloit sees FY2023 revenue of $1.55-1.6 billion, versus the consensus of $1.598 billion.

For earnings history and earnings-related data on Regal-Beloit (RBC) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Wintermar acquires full control of Fast Offshore Supply, adding 5 new CTVs
• AXT appoints Tracy Liu to its board of directors