Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
17 March 1980Website:
http://www.regalrexnord.comNext earnings report:
31 July 2024Last dividends:
28 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 18:32:15 GMTAnalysts recommendations
Institutional Ownership
RRX Latest News
Regal Rexnord (RRX) reported quarterly earnings of $2 per share, surpassing the Zacks Consensus Estimate of $1.98 per share. This is lower than the earnings of $2.22 per share reported in the same quarter last year.
Regal Rexnord Corporation (RRX) Q4 2023 Earnings Call Transcript
While the top- and bottom-line numbers for Regal Rexnord (RRX) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Regal Rexnord (RRX) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $2.26 per share. This compares to earnings of $2.64 per share a year ago.
MILWAUKEE , Jan. 12, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its fourth quarter 2023 financial results after the market closes on Wednesday, February 7, 2024. Regal Rexnord will host a conference call to discuss the earnings release at 9:00 am CT (10:00 am ET) on Thursday, February 8, 2024.
Regal Rexnord's organic revenue growth is expected to turn positive in FY24 due to healthy backlog levels, improving end-market conditions, and potential interest rate cuts. The company's revenue growth was negatively impacted by inventory destocking, but this is expected to improve as inventory levels stabilize. The company's margin growth prospects are positive, driven by productivity improvements, cost-saving initiatives, and portfolio transformation.
MILWAUKEE , Nov. 6, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that its CEO, Louis Pinkham, will present at the 2023 Baird Global Industrial Conference in Chicago, IL, on November 8, 2023, at 1:45 PM CT. To listen to the live audio and view the presentation during the call, please visit Regal Rexnord's Investor website: https://investors.regalrexnord.com.
Regal Rexnord Corporation (NYSE:RRX ) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Robert Barry – Vice President-Investor Relations Louis Pinkham – Chief Executive Officer Rob Rehard – Chief Financial Officer Conference Call Participants Mike Halloran – Baird Julian Mitchell – Barclays Jeff Hammond – KeyBanc Capital Markets Nigel Coe – Wolfe Research Christopher Glynn – Oppenheimer Operator Good morning, and welcome to the Regal Rexnord Third Quarter 2023 Earnings Call. All participants will be in listen-only mode.
The headline numbers for Regal Beloit (RRX) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
MILWAUKEE , Oct. 9, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its third quarter 2023 financial results after the market closes on Wednesday, November 1, 2023. Regal Rexnord will host a conference call to discuss the earnings release at 9:00 am CT (10:00 am ET) on Thursday, November 2, 2023.
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What type of business is Regal Rexnord?
Regal Rexnord Corporation, together with its subsidiaries, designs, manufactures, and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. It operates through four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Motion Control Solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The Industrial Systems segment offers AC motors for industrial applications; electric alternators for prime and standby power applications to data centers, distributed energy, microgrid, rental marine, agriculture, healthcare, mobile, and defense markets; and switchgear for healthcare, government, and waste water applications, as well as residential, commercial, and industrial applications. The Climate Solutions segment provides fractional motors, electronic variable speed controls, and blowers for use in a residential and light commercial air moving applications; and fractional horsepower motors and blowers for white goods, water heating equipment, small pumps, compressors, and fans. The Motion Control Solutions segment offers bearings; conveyors; disc, gear, grid, elastomeric, and torsionally soft couplings; mechanical power transmission drives and components; worm gearing, shaft configuration, helical, bevel, helical bevel, worm, hypoid, and spur gearing products; and aerospace components. This segment serves beverage, bulk handling, metal, special machinery, energy, and aerospace and general industrial markets. The company sells its products directly to original equipment manufacturers and end-users through a network of direct and independent sales representatives, and distributors. The company was formerly known as Regal Beloit Corporation. The company was founded in 1955 and is headquartered in Beloit, Wisconsin.
What sector is Regal Rexnord in?
Regal Rexnord is in the Industrials sector
What industry is Regal Rexnord in?
Regal Rexnord is in the Specialty Industrial Machinery industry
What country is Regal Rexnord from?
Regal Rexnord is headquartered in United States
When did Regal Rexnord go public?
Regal Rexnord initial public offering (IPO) was on 17 March 1980
What is Regal Rexnord website?
https://www.regalrexnord.com
Is Regal Rexnord in the S&P 500?
No, Regal Rexnord is not included in the S&P 500 index
Is Regal Rexnord in the NASDAQ 100?
No, Regal Rexnord is not included in the NASDAQ 100 index
Is Regal Rexnord in the Dow Jones?
No, Regal Rexnord is not included in the Dow Jones index
When does Regal Rexnord report earnings?
The next expected earnings date for Regal Rexnord is 31 July 2024