RBC Bearings (NASDAQ:ROLL) reported its Q1 earnings results on Thursday, August 4, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
RBC Bearings missed estimated earnings by 19.05%, reporting an EPS of $1.19 versus an estimate of $1.47.
Revenue was up $197.88 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 9.79% increase in the share price the next day.
Here’s a look at RBC Bearings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.14 | 0.57 | 1.03 | 0.99 |
| EPS Actual | 1.26 | 0.70 | 0.89 | 1.04 |
| Revenue Estimate | 349.79M | 257.02M | 159.64M | 158.77M |
| Revenue Actual | 358.90M | 266.95M | 160.90M | 156.21M |
To track all earnings releases for RBC Bearings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
