Regal Rexnord (NYSE:RRX) reported quarterly earnings of $1.80 per share. The company reported quarterly sales of $1.32 billion which beat the analyst consensus estimate of $1.31 billion by 1.15 percent. This is a 48.43 percent increase over sales of $892.70 million the same period last year.
RBC Capital Maintains Outperform on Pegasystems, Raises Price Target to $55
RBC Capital analyst Rishi Jaluria maintains Pegasystems (NASDAQ:PEGA) with a Outperform and raises the price target from $42 to $55.