Regal Rexnord Corporation (RRX) Tops Q1 EPS by 1c; updates guidance

Regal Rexnord Corporation (NYSE: RRX) reported Q1 EPS of $2.00, $0.01 better than the analyst estimate of $1.99. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.56 billion.

GUIDANCE:

Regal Rexnord Corporation sees FY2024 EPS of $9.60-$10.40, versus the consensus of $10.13.

For earnings history and earnings-related data on Regal Rexnord Corporation (RRX) click here.

You May Also Be Interested In

• Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• RBC initiates GE HealthCare as it sees AI-led innovation cycle driving growth
• BofA lists top 5 themes driving next $1tn in incremental semi sales