Brief: Regal Rexnord Corporation Reports Strong Fourth Quarter 2022 Financial Results

Regal Rexnord

01/02/2023 23:07

Feb 1 (Reuters) - Regal Rexnord Corp  RRX.N :
    * ORATION REPORTS STRONG FOURTH QUARTER 2022 FINANCIAL
RESULTS
    * SEES FY ADJUSTED EARNINGS PER SHARE $10.05 TO $10.85
    * SEES FY GAAP EARNINGS PER SHARE $5.64 TO $6.44
    * Q4 GAAP EARNINGS PER SHARE $1.53
    * Q4 ADJUSTED EARNINGS PER SHARE $2.64
    * EXPECTS ORGANIC REVENUE TO BE SLIGHTLY DOWN AT MID-POINT
OF ITS
RANGE FOR 2023
    * QTRLY NET SALES $1,244.7 MILLION VERSUS $1,216.6 MILLION
AT
QUARTER ENDING JAN 2022
    * Q4 EARNINGS PER SHARE VIEW $2.39, REVENUE VIEW $1.26
BILLION --
REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $10.50, REVENUE VIEW $5.24
BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn4lPG6wa 
Further company coverage:  RRX.N 
 ((Reuters.Briefs@thomsonreuters.com))