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RRX — Regal Rexnord News Story

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Regal Rexnord Q1 sales, adjusted EPS beat estimates

Overview

U.S. industrial components supplier's Q1 sales rose 4.3%, beating analyst expectations

Adjusted EPS for Q1 increased slightly and beat analyst expectations

Company reaffirmed 2026 adjusted EPS guidance and named Aamir Paul as next CEO

Outlook

Regal Rexnord re-affirms 2026 adjusted diluted EPS guidance of $10.20-$11.00

Company expects accelerating organic sales growth and higher margins in coming quarters

Regal Rexnord sees continued strength in industrial and automation markets supporting outlook

Result Drivers

AMC SEGMENT GROWTH - Automation & Motion Control orders rose over 34%, led by broad-based demand and particular strength in data center, aerospace & defense, discrete automation and medical markets

IPS ORDER ACCELERATION - Industrial Powertrain Solutions saw order acceleration in distribution and high single digit growth in short cycle OEM business, reflecting improving industrial macro metrics

RESIDENTIAL HVAC WEAKNESS - Power Efficiency Solutions sales declined due to expected weakness in residential HVAC, partly offset by commercial HVAC growth

Company press release: ID:nPn5v3rNPa

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesBeat$1.48 bln$1.43 bln (9 Analysts)
Q1 Adjusted EPSBeat$2.17$2.12 (10 Analysts)
Q1 EPS$0.96
Q1 Net Income$64.30 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the electrical components & equipment peer group is "buy" Wall Street's median 12-month price target for Regal Rexnord Corp is $240.00, about 8.1% above its May 5 closing price of $222.02 The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 15 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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