RBC Bearings Inc expected to post earnings of $1.03 a share - Earnings Preview

RBC Bearings

10/11/2021 13:53

* RBC Bearings Inc  ROLL.OQ   ROLL.O  is expected to show a rise
in quarterly revenue when it reports  results on November 12. 
* The Oxford, Connecticut-based company is expected to report  a
9.1% increase in revenue to $159.643 million from $146.34
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for RBC Bearings Inc is for
earnings of $1.03 per share. For the same quarter last year, the
company reported earnings of 93 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for RBC Bearings
Inc is $272.5​, about 11.9% above​ its last closing price
of $240.09. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2021  1.00        1.00       1.04      Beat    4.5
 Mar. 31 2021  1.08        1.05       1.08      Beat    3.1
 Dec. 31 2020  0.85        0.85       0.90      Beat    6.3​
 Sep. 30 2020  0.87        0.88       0.93      Beat    6.3
 ​​Jun.        0.86        0.87       0.95      Beat    9.5
 30 2020                                                
 Mar. 31 2020  1.31        1.33       1.33      Met     0.2​
 Dec. 31 2019  1.24        1.24       1.22      Missed  -1.3
 Sep. 30 2019  1.22        1.22       1.30      Beat    6.6
 This summary was machine generated November 10 at 13:53 GMT. 
All figures in US dollars  unless otherwise stated