RBC Bearings Inc reports results for the quarter ended in December - Earnings Summary

RBC Bearings

10/02/2022 15:08

* RBC Bearings Inc  ROLL.OQ  reported quarterly adjusted
earnings
of 70 cents​​ per share for the quarter ended in December. The
mean expectation of five analysts for the quarter was
for earnings of 57 cents per share.
    * Revenue rose 83% to $266.95 million from a year ago; 
analysts
expected $257.02 million. 
    * RBC Bearings Inc's reported EPS for the quarter was 20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 50.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * RBC Bearings Inc shares had fallen by 11.4% this quarter.
    * The company reported a quarterly loss of $63 thousand.
    * Wall Street's median 12-month price target for RBC
Bearings Inc
is $256.50 
    * 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." 

This summary was machine generated February 10 at 03:08 p.m.
 ​All figures in US dollars unless otherwise stated