Regal Rexnord (NYSE:RRX) reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Regal Rexnord beat estimated earnings by 1.79%, reporting an EPS of $2.28 versus an estimate of $2.24.
Revenue was up $363.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.42 which was followed by a 15.76% drop in the share price the next day.
Here’s a look at Regal Rexnord’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.52 | 2.44 | 2.09 | 2.39 |
| EPS Actual | 2.10 | 2.56 | 2.22 | 2.64 |
| Revenue Estimate | 1.73B | 1.62B | 1.22B | 1.26B |
| Revenue Actual | 1.65B | 1.77B | 1.22B | 1.25B |
To track all earnings releases for Regal Rexnord visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
