Regal Rexnord Corp reports results for the quarter ended in September - Earnings Summary

Regal Rexnord

03/11/2021 11:27

* Regal Rexnord Corp  RRX.N  reported quarterly adjusted
earnings of $2.36​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of $2.35 per share.
* Revenue rose 17.7% to $892.70 million from a year ago; 
analysts expected $887.51 million. 
* Regal Rexnord Corp's reported EPS for the quarter was $1.70​.
* The mean earnings estimate of analysts had risen by about 2.2%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Regal Rexnord Corp shares had risen by 11.6% this quarter and
gained 36.7% so far this year.
* The company reported quarterly net income of $69.5 million.
* Wall Street's median 12-month price target for Regal Rexnord
Corp is $190.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 3 at 11:27 a.m.
 ​All figures in US dollars unless otherwise stated