Recap: Regal Rexnord Q4 Earnings

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Regal Rexnord RRX reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Regal Rexnord beat estimated earnings by 1.79%, reporting an EPS of $2.28 versus an estimate of $2.24.

Revenue was up $363.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.42 which was followed by a 15.76% drop in the share price the next day.

Here's a look at Regal Rexnord's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 2.52 2.44 2.09 2.39
EPS Actual 2.10 2.56 2.22 2.64
Revenue Estimate 1.73B 1.62B 1.22B 1.26B
Revenue Actual 1.65B 1.77B 1.22B 1.25B

To track all earnings releases for Regal Rexnord visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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