RBC Bearings Inc expected to post earnings of 57 cents a share - Earnings Preview

RBC Bearings

25/01/2022 16:03

* RBC Bearings Inc  ROLL.OQ   ROLL.O  is expected to show a
rise
in quarterly revenue when it reports  results on January 27
(estimated). 
    * The Oxford Connecticut-based  company is expected to
report  a
76.2% increase in revenue to $257.018 million from $145.86
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RBC Bearings Inc is
for
earnings of 57 cents per share. For the same quarter last year,
the company reported earnings of 90 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $256.5​, about 26% above​ its last closing price
of $189.93. ​​​
    * 

This summary was machine generated January 25 at 16:03 GMT.  All
figures in US dollars  unless otherwise stated