Rexnord (RXN) Reports In-Line Q2 EPS

November 2, 2016 5:31 PM EDT
Get Alerts RXN Hot Sheet
Trade RXN Now!
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

Rexnord (NYSE: RXN) reported Q2 EPS of $0.38, in-line with the analyst estimate of $0.38. Revenue for the quarter came in at $491 million versus the consensus estimate of $495.6 million.

GUIDANCE:

Rexnord sees FY2017 EPS of $1.32-$1.38, versus the consensus of $1.43.

  • For the third quarter, we expect our net sales to be in a range of $453-463 million, GAAP earnings per share to be in a range of $0.12-0.15 and adjusted earnings per share to be in a range of $0.23-0.26.

For earnings history and earnings-related data on Rexnord (RXN) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Guidance

Related Entities

Earnings

Add Your Comment