Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
17 March 1980Website:
http://www.regalrexnord.comNext earnings report:
04 November 2024Last dividends:
27 September 2024Next dividends:
31 December 2024Price
after hours | 60 min agoAnalysts recommendations
Institutional Ownership
RRX Latest News
Although the revenue and EPS for Regal Rexnord (RRX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Regal Rexnord (RRX) came out with quarterly earnings of $2.49 per share, beating the Zacks Consensus Estimate of $2.45 per share. This compares to earnings of $2.10 per share a year ago.
MILWAUKEE, Wis., Oct. 24, 2024 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on October 24, 2024, declared a dividend of $0.35 per share.
MILWAUKEE , Oct. 9, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Regal Rexnord will host a conference call to discuss the earnings release at 9:00 am CT (10:00 am ET) on Tuesday, November 5, 2024.
The electric motor manufacturer reiterated existing guidance and proffered some new projections for its investor day. It's anticipating positive CAGR in certain key metrics through 2027.
MILWAUKEE , Sept. 13, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) today published its annual Sustainability Report, including progress towards its 2032 sustainability goals.
Q2 earnings were mixed with ongoing industrial and automation weakness, but aerospace, data center, and medical end-markets remain strong, and order trends seem to be improving. General industrial, discrete automation, and off-road machinery are likely to remain weak for at least a little longer, but industrial and automation markets should recover in 2025. Management has been leveraging capabilities in precision motion control to expand its opportunities in faster-growing markets like aerospace and biopharma, and repositioning core tech into faster-growing markets remains a driver.
Regal Rexnord (RRX) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $2.14 per share. This compares to earnings of $2.56 per share a year ago.
Regal Rexnord (RRX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MILWAUKEE , July 22, 2024 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on July 21, 2024, declared a dividend of $0.35 per share. The dividend is payable on October 11, 2024, to shareholders of record at the close of business on September 27, 2024.
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What type of business is Regal Rexnord?
Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets. The Power Efficiency Solutions segment offers AC and DC motors, electronic variable speed controls, and blowers for residential, commercial HVAC, water heaters, commercial refrigeration, commercial building ventilation, pool and spa, irrigation, agriculture, conveying, and general commercial equipment markets. The Automation and Motion Control segment provides conveyor products, conveying automation subsystems, aerospace components, rotary precision motion solutions, high-efficiency miniature motors, motion controls, automation transfer switches, and switchgear for industrial applications and automation systems for material handling, aerospace and defense, factory automation, data centers, medical device, packaging, printing, semiconductor, robotic, industrial power tool, mobile off-highway, food and beverage processing, and other applications. The Industrial Systems segment offers integral motors, alternators, and aftermarket parts and kits for agriculture, marine, mining, oil and gas, food and beverage, data centers, prime and standby power, and general industrial equipment markets. It sells its products directly to original equipment manufacturers, distributors, and end-users. The company was formerly known as Regal Beloit Corporation. The company was founded in 1955 and is based in Milwaukee, 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 was Regal Rexnord the previous earnings report?
No data
When does Regal Rexnord earnings report?
The next expected earnings date for Regal Rexnord is 04 November 2024