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

RBC Bearings

12/11/2021 14:32

* RBC Bearings Inc  ROLL.OQ  reported quarterly adjusted
earnings of 89 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.03 per share.
* Revenue rose 10% to $160.90 million from a year ago;  analysts
expected $159.64 million. 
* RBC Bearings Inc's reported EPS for the quarter was 25 cents​.
* The mean earnings estimate of analysts had fallen by
about 1.6% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* RBC Bearings Inc shares had risen by 10.5% this quarter and
gained 30.9% so far this year.
* The company reported quarterly net income of $6.93 million.
* Wall Street's median 12-month price target for RBC Bearings
Inc is $272.50 
* 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." 
This summary was machine generated November 12 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated